Skyfire has announced they have received $5 million in funding. The funds will top off their Series B from existing investors Lightspeed Venture Partners, Matrix Partners and Trinity Ventures. The company will use the funds to support new smartphone platforms beyond Windows Mobile, Symbian and BlackBerry, as well as utilizing their unique technology for solutions beyond the browser.
It’s not obvious yet how RIM’s acquisition of Torch Mobile and their plans to update the browser will affect third party browsers such as Opera Mini and Skyfire. It’s possible that once RIM updates their browser, there will no longer be a need for third party browsers, as the experience would be adequate for the general user. On the other hand, third party browsers have been innovating in the space and there is something to be said for being the first to market. There may always be a need for third party browsers to deliver a browsing experience better than that of the native browser.