Zipcar founder steers city WiFi startup.

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Technology from San Francisco-based Veniam turns municipal buses into wireless hotspots that spread Internet access across urban areas or controlled environments (think seaport or shipping container terminal).

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Zipcar founder steers city WiFi startup.

You've heard of the "internet of things." Get ready for the "internet of moving things." That's how a start-up called Veniam describes its mission to transform all the cars, trucks, and buses on city streets into a mobile WiFi network connecting anything and anyone around it. Veniam has already brought a version of this free public network to Porto, Portugal, where it's using some 600 vehicles to test the technology in a "living lab."

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O BGI recebeu 515 candidaturas, envolveu mais de 100 empresas, 37 países e 2000 pessoas. Os finalistas de cada área recebem 100 mil euros. Um pode duplicar. A 6ª edição está aberta até 24 de Maio! Candidaturas @ www.mitportugal-bgi.org BGI has received 515 submissions, supported 101 ventures, from 37 countries and 2000 people. One venture out of each vertical is awarded with €100k and one of them might double it! The 6th Ed. is now open until 24th May. Submissions @ www.mitportugal-bgi.org

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Veniam, a company that leverages moving vehicles to bring more complete wireless Internet to municipalities, today announced that it has raised a $4.9 million Series A round of funding led by True Ventures, and participated in by Union Square Ventures. The company told TechCrunch that its prior angel investors also took part in the deal on a pro-rata basis, keeping their percentages in the firm whole.

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Jon Callaghan, who sits on my board and has been my coach in the venture world, often says that the best opportunities are the ones that you know when you see them. His words were ringing in my ears when I first met João Barros for coffee in San Francisco in June of this year. João is the co-founder and chief executive of Veniam, the newest member of True Ventures’ family. True is leading a $4.9 million Series A round of funding with participation from Union Square Ventures, Cane Ventures, and a few private investors. I represent True on the board of directors.

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