Tech Company Financing Transactions

Zipit Wireless Funding Round

Zipit Wireless, based in Greenville, secured $4.7 million from Meritus Ventures, SC Launch and SunBridge Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

Meritus Ventures

SC Launch (William Mahoney)

SunBridge Partners (Paul Grim)

Windspeed Ventures (Steven Karlson)

Proceeds Purpose
This capital will allow Zipit Wireless Inc. to continue its expansion and drive toward new opportunities in the consumer electronics and wireless technology markets. Zipit(R) will also use this capital to bring exciting new products to market, increase its visibility in the marketplace through a targeted nationwide marketing campaign, and increase its research and development and professional services staff.

Company Information

Company Status
Private & Independent
Mailing Address
101 N. Main St. 201
Greenville, SC 29601
Email Address
The company focuses on wireless communication and entertainment devices that allow consumers to stay tapped into their world.
Zipit Wireless LinkedIn Company Profile
Social Media
Zipit Wireless Company Twitter Account
Company News
Zipit Wireless News
Zipit Wireless on Facebook
Zipit Wireless on YouTube

Management Team

Email & Social
Chief Executive Officer
Frank Greer
  Frank Greer LinkedIn Profile  Frank Greer Twitter Account  Frank Greer News  Frank Greer on Facebook
VP - Bus. Development
Ralph Heredia
  Ralph Heredia LinkedIn Profile  Ralph Heredia Twitter Account  Ralph Heredia News  Ralph Heredia on Facebook
VP - Customer Service
Colleen Patterson
  Colleen Patterson LinkedIn Profile  Colleen Patterson Twitter Account  Colleen Patterson News  Colleen Patterson on Facebook



Browse more venture capital transactions:

Prev: 7/24/2007: Achieve3000 venture capital transaction
Next: 7/25/2007: Cyntellect venture capital transaction


Share this article


About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary