Mobiquity Makes Debut with $5M in VC

Boston-based Mobiquity, a mobile services startup founded by Bill Seibel and Scott Snyder, said today it has raised $5 million in Series A financing led by Longworth Venture Partners and Sigma Partners. The company aims to help big businesses take advantage of growth opportunities in mobile computing via smartphones and tablets (like the Apple iPad). Seibel, Mobiquity’s CEO, was previously a senior exec and founding member of Cambridge Technology Partners, and founder and CEO of Zefer. Snyder, who serves as president and chief strategy officer, was previously president of Breakthru Advisors and CEO of Decision Strategies International.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.