A small Austin startup called M87 thinks we would all have a better mobile data experience if we’d just share our phones’ 4G connections with one another. Apparently Qualcomm agrees with them.
M87 has closed a $3 million Series A round of funding, which included new strategic investors Qualcomm Ventures(s qcom) and Chinese data center hosting provide 21Vianet along with M87’s original angel investors.
M87 sprang out of the University of Texas’s wireless engineering department after developing a crowdsourced connectivity technology that allows nearby phones to link up via Wi-Fi and use each other 3G and 4G connections to the mobile network. The technology is similar to the crowd mesh-networking technology developed by another emerging networking startup Open Garden, but rather than offer it to consumers, M87 wants to…
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