Softbank Venture Capital changes name

Softbank Venture Capital has changed its name to Mobius Venture Capital. The U.S.-focused VC firm, which has been independent from Softbank since 1996, said its management and the size of its funds and staff would remain unchanged.

The firm, which has $2.5 billion under management, also said it had invested in SkyPilot Network and Bergana Communications, bringing the number of its wireless companies to eight. Other Mobius-funded start-ups include Comergent, Danger Research, Dantz Development, Finaplex, Invesmart, Support.com, Terabeam, The Feld Group and United Devices.