Jud Bowman, co-founder of Motricity, announced today the creation of his new venture, PocketGear, and the acquisition of the smartphone applications business from Motricity. The company also announced today that it has received investment from leading venture capital firms Noro-Moseley Partners and Wakefield Group.
June 4, 2008 – Jud Bowman, co-founder of Motricity, has received an investment in an undisclosed amount from Noro-Moseley Partners and Wakefield Group to acquire the smartphone applications business from Motricity and launch a new venture, PocketGear. Bowman will leave the Motricity board, but remains a major stock holder. Bowman tells TechJournal South his desire to [...]