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Bubble Motion raises $14 million to expand voice SMS

Sequoia Capital and Comcast Interactive Capital among investors in 5-year-old company, adding to the fervor for mobile technology.

Bubble Motion, a provider of text messaging-for-voice technology, has raised $14 million in a second round of funding from Sequoia Capital, Comcast Interactive Capital, and NCD Investors, the company said Wednesday.

The Mountain View, Calif.-based company, which was founded in 2003, had previously raised $10 million from Sequoia, an early backer of Google and Yahoo. Comcast and NCD are new investors in Bubble Motion, which develops a short voice messaging service that enables users to sidestep the keyboard. According to the company's Web site, Bubble Motion is available to 100 million people worldwide, with cell phones from carriers including Vodaphone in Eygpt.

Mobile phone technology is enjoying a run of lofty investments. Last week, for example, voice-to-text software company SpinVox brought in a whopping $100 million in a third round of funding from Goldman Sachs.