RealTime IT News

Wireless Dimension Receives Third Round of Financing

Seattle-based Nth Dimension Corp., publisher of Wireless Dimension, an online shopping service for wireless consumers, completed its third round of financing totaling approximately $8 million.

This round was led by Minneapolis-based Oak Investment Partners, with supporting investments from IDG Ventures of San Francisco and Seattle-based Kirlan Venture Capital.

Wireless Dimension allows consumers in the top 50 U.S. metropolitan areas to research and compare virtually all available wireless phones and services side-by-side, identify the package that meets their needs and buy it online.

"Working with Oak, IDG Ventures and Kirlan will help Nth Dimension succeed in the rapidly changing e-commerce marketplace," said Court Lorenzini, co-founder and CEO of Nth Dimension. "This financing puts Wireless Dimension well out in front of any other sites in this space. . ."

Separately, the company launched a co-branded site where Go2Net Network users can compare and buy wireless phones and service.

Internet users can enter the co-branded site from three of the Go2Net Network's properties: MetaCrawler, HyperMart and WebMarket. Financial arrangements were not disclosed.