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Celtra Celebrates $1.2M Series A

Celtra, a Cambridge, MA-based provider of mobile marketing software, says it has raised $1.2 million in a Series A round of financing from Slovenian venture firm RSG Capital. The startup plans to open an R&D and sales office in Ljubljana, Slovenia, to serve as its European hub. The financing is expected to support the startup for a year, during which time the firm plans to demonstrate the utility of its software in the U.S. and Europe, according to the company.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.

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