Report: Mobile venture financing on the upswing.

"According to a new report issued by M&A advisory services provider Rutberg & Company, private wireless companies announced $2.7 billion in venture financing in the first six months of 2007, a 9 percent increase over the first half of 2006. Rutberg reports 30 private companies announced rounds of $20 million or greater in 1H07, with illustrative late-stage subsectors attracting investor focus including mobile device management, service management and delivery platforms, enterprise Wi-Fi equipment, enterprise sales/field force applications, and healthcare monitoring systems."