ATVF Leds Series A Equity Investment in Vuico, a Wireless Software Company
August 24, 2005 - (Houston, TX) - Aegis Texas Venture Fund, LP (“ATVF”) is pleased to announce that it has led a Series A Equity Investment in Vuico, a global, wireless computing software company that provides data and voice connectivity solutions to cellular phone and mobile device users. Vuico is a minority-owned and operated business, based in Houston, Texas with an overseas office in Nagoya, Japan. The company has strategic alliances with NEC and NTT.
Vuico recently expanded its patent-pending Vuico Mobile Platform™ technology, a mobile software application platform that allows mobile users to communicate quickly and easily with back-office servers and databases, to include voice, fax, text messages and images. These increased capabilities make Vuico a powerful player in the Mobile Marketing and Messaging space. Series A funding will enable the Company to launch a suite of interactive content and voice marketing applications, and improve its current mobile productivity software.
"Our customers are advanced thought leaders in their respective industries. Vuico mobility solutions extend their leadership positions by leveraging the explosion of cell phone adoption and enabling effective mobile communications to their customer base using cell phones. We are thrilled to have such a strong investment from Aegis to help us expand our market presence and better serve our customers,” said Vui Le, president and CEO of Vuico, Inc.
Vuico has recently entered into strategic distribution agreements with AT&T Wireless / Cingular, Dell, Walmart, and China Mobile and anticipates adding several Fortune 100 clients on internal, corporate contracts by year end.
Vuico Press Release
Thompson Private Equity Week News Wire