Curious Networks nabs customers in wireless space
June 29, 2001 10:00
By Amanda Druckman
CHICAGO - While Curious Networks, a provider of mobile-enabling software, has been a
part of Chicago's technology landscape for nearly two years, only recently has the company
begun to garner attention in the hot wireless space.
Last week Curious Networks announced the launch of Continuum 2.0, an updated
version of the company's presentation server and multi-channel development platform it
has worked on since the company was formed in 1999.
Founded by David Cutler and Jeff Palmer, Curious Networks helps companies find ways
to easily incorporate emerging technologies, particularly mobile devices, into their
infrastructure. The company is expected to complete a third round of funding in July.
While last year's revenues were a modest $3 million, Cutler expects revenues for 2001
to balloon to a figure in the ballpark of $20 million.
BlueStar Venures has invested about $2 million in Curious Networks since their
inception. According BlueStar president and managing director Pat Pollard, his group
is in it for the long haul.
"Recently there has been a lot of sizzle from companies that couldn't deliver,"
Pollard remarked. "Well, Curious Networks didn't have a lot sizzle, but they can deliver
like most other companies can't."
Curious Networks has also attracted the investment dollars of Casey Cowell, founder
of U.S. Robotics and Terry Holt, founder of Interface Software and Duchossois TECnology
Partners.
Last month ABN AMRO chose Continuum to provide mobile access to a number of financial
services applications for its U.S. customers.
"ABN AMRO wanted to start making applications available on mobile devices," Cutler says.
"They took our product and embedded it into their operations very quickly and easily."
Curious was also recently mentioned as a promising wireless company by Katherine Gehl,
director of the Mayor's Council of Technology Advisors.
|
|