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Spring Wireless has just established its U.S. headquarters in Seattle. The company is one of the fastest growing ventures in the mobile enterprise space and was originally founded in Sao Paulo, Brazil in 2001. It has operations across the Americas, Europe and Asia.

Brazilian investment in the USA

Brazilian investment in the USA

“We see great potential in the U.S. market, which has traditionally lagged behind Europe and Latin America in mobility. Spring Wireless has been at the forefront of the mobile explosion in markets outside of the U.S. and we’re excited to support our global customers operations in the U.S.,” said Marcelo Condé, Chief Executive Officer of Spring Wireless. “With more than 220 customers worldwide, we understand the needs of global companies. Our move into North America will help us better serve our U.S. customers and help us extend into new markets as we continue to expand our business globally.”

In August 2008, Goldman Sachs, New Enterprise Associates (NEA) and Brazilian investment firm, Ideiasnet, invested $66 million in Spring Wireless to fuel its worldwide expansion and help fund future acquisitions. In connection with the financing, Spring Wireless’ Board of Directors has grown to include Raheel Zia, vice president of Goldman Sachs Principal Investment Area, and Patrick Kerins, general partner at NEA.

In addition to its new Board members, Spring Wireless has also named a U.S. management team including Shakil Haroon, who will serve as Spring Wireless USA general manager. Prior to joining Spring Wireless, Haroon spent 10 years at software startups and more than 10 years in sales and management at Intel and Microsoft.

Additionally, Liron Shaked will serve as vice president of business development and corporate marketing and Kelly Malone will serve as vice president of sales for Spring Wireless USA. With more than 12 years of international experience in both corporate and startup environments, Shaked will oversee strategic alliances, global partnerships, channel development and global marketing initiatives for Spring Wireless. Malone, who prior to joining Spring Wireless led the Microsoft sales team responsible for supporting the development, marketing and sales of Motorola smart phones, rugged hand-held computers and set-top-boxes worldwide, will head up U.S. sales.

Spring Wireless has been called the largest and fastest growing company in the mobile enterprise space and was recently identified as a leader in the Gartner Magic Quadrant on Mobile Enterprise Application Platforms. Spring Wireless helps connect businesses, its employees and customers to the information they need, when they need it. The company offers a robust platform, prebuilt applications and critical services, enabling greater interoperability for customers than any of its competitors. It works with more than 180 devices, multiple operating systems and an array of common business applications.

As the single point of contact for its clients, Spring Wireless deploys and manages the devices, software and services companies require to go mobile, removing the need for global companies to seek out multiple vendors in different geographical areas. The company provides a complete solution with faster deployment times and lower total cost of ownership than traditional mobile providers, reducing deployment times by up to 50 percent and total cost of ownership by up to 35 percent in some cases.

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The New York Times highlighted the growth of Power.com, a start up social networking company from Brazil which aims to become the leading portal where people can access their virtual lives. Power’s investors include venture capital firm Draper Fisher Jurvetson and Esther Dyson. What the site does is to put in one place instant messages, network updates, email and contact lists – instead of spread across Facebook, Hi5, LinkedIn, MSN, MySpace and Google’s Orkut.

“To me the important issue is that users are driving Power themselves,” said Esther Dyson, one of the technology industry’s preeminent global trend spotters and a seed investor in Power.com. “And it excites me that these users are not just in the US. Nor are the software’s creators: Latin America has impressive software design and engineering talent. Silicon Valley is not the only place to find great talent to build a world-class company.”

Vachani, a self-proclaimed “global adventurer” arrived in Brazil 5 years ago to take a break from the Silicon Valley. A UC Berkeley graduate, and a serial entrepreneur, Vachani, who lives in Rio de Janeiro, said, “I came to Brazil with a smile, a backpack and a passion for Brazilian dance and music. I just wanted to get my mind off of technology, and I thought I would go back to the US and start a new project after a year or so. Little did I know…”

Vachani soon recognized Latin America’s hidden treasure: undiscovered great minds. Vachani stated, “I quickly realized that Latin America was like India 30 years ago, before Silicon Valley discovered it. Back then, most of India’s brilliant minds were trapped in academia or working as bureaucrats in the government, with no entrepreneurial opportunities. Today, thousands of brilliant minds in Latin America are likewise underutilized and undervalued, with their biggest dreams being jobs as government bureaucrats and academics. Little capital and few role models are available to young entrepreneurs.

If I could create a project that truly pushed the limits of innovation, and that had capital, I knew I would be able to attract hundreds of Brazil’s and Latin America’s brightest minds. Together we have built Latin America’s first global technology company built upon the Silicon Valley adage to first bring the brilliant minds together and then they will create a brilliant product and company.”

Vachani did just that. As founder and CEO of Power.com, he attracted the world renowned Silicon Valley venture capital firm Draper Fisher Jurvetson, famous for investing in Skype, Baidu, and Hotmail, to invest $6 million in Power and complete DFJ’s first ever investment in Latin America. A group of private investors — including Esther Dyson — added another $2 million. Power has attracted over 70 of Brazil’s brightest minds, including self-made entrepreneurs, professors, PhD’s and top graduates from Brazil’s most prestigious universities.

Igor Barenboim, Power’s Director of Business Development, PhD graduate from Harvard University and former Global Economist for Latin America’s largest hedge fund, stated, “I joined Power when it was just an idea on paper because I truly believed that Steve’s vision would help jumpstart Latin America’s transformation into an economy which truly values its intellectual capital. As a Brazilian with great dreams for the future of Latin America, I knew I needed to join this adventure”

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