» Local Web 2.0 and Mobile Funding Heats-Up in August :: 93South

Looking back at August will provide anyone watching the local web and mobile 2.0 space a good sense that the industry is heating up with plenty of VC deals. Especially in the last half of the month with key funding announcements from WIS.DM, Mocospace and Conduit Labs. With only a few days left in the month…will your start-up land funding next?

Select August Funding Announcements

MocoSpace (Boston, MA), the fast growing mobile social network, announced this week that it has successfully secured $3 million in Series A funding led by General Catalyst Partners of Cambridge, Mass., with additional funding through Pilot Group and individual investor and former eBay executive Michael Dearing.
WIS.DM (Cambridge, MA) captured $5 million in a round led by Northbridge Ventures. The social networking site centers around connecting users through a simple YES or NO question interface.
TheAlarmClock reported that mobile stealth start-up PeerMeta (link?) received an undisclosed round of funding. The company claims to be building “a new generation of web-enabled mobile devices”
Fresh from the Boston Video game Round-Up, Conduit Labs (Cambridge, MA) announced $5.5 Million in Series A investment from Charles River Ventures (CRV) and Prism VentureWorks. - read more about it on Read/Write Web.
SonicBids (Boston, MA) the music promotion website announced that it received $4.5 million in funding from the Edison Venture Fund.
Xconomy (Cambridge, MA) the recently launched local technology blog announced an undisclosed round of funding on August 10th
Veveo (Andover, MA), the maker of the soon-to-launch Vtap mobile video search service, captured $14M in funding after an earlier $14M round back in May
DarwinSuzSoft (Wakefield, MA) a local company that helps other companies outsource work to China announced $48 million!
Vlingo (Cambridge, MA), the mobile speech navigation start-up, pulled in $6.5M in funding from from Charles River Ventures and Sigma Partners.
Scrybe, Corp. ( Boston, MA) announced it’s has closed its first round of Series A funding from Adobe Systems Incorporated and LMKR. It is an online organizer
Compete (Boston, MA), the fast growing analytics company, announced $10 million in funding at the beginning of the month.