Qualcomm invests in tiny phone company Modu

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modu logo Qualcomm invests in tiny phone company Modu

Calcalist is reporting (Hebrew only) that Modu has brought in another $7M in funding courtesy of Qualcomm which as part of the agreement will also manufacture the Modu “core”.

Modu has had a whirlwind of a year, first debuting to much fanfare at last year’s Mobile World Congress, where we had a chance to sit with the company’s CEO, Dov Moran, for a 1-on-1 for a demo. The company then went on to raise a whopping $100M round. Then in November Modu announced a 33%, 88-employee downsizing in November.

 Qualcomm invests in tiny phone company Modu

 Qualcomm invests in tiny phone company Modu  Qualcomm invests in tiny phone company Modu  Qualcomm invests in tiny phone company Modu

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