deCarta Receives $20,000,000 Series C Financing

  • Feed Type
  • Date
    7/28/2008
  • Company Name
    deCarta
  • Mailing Address
    Four North Second St. San Jose, CA 95113
  • Company Description
    deCarta is the leading geospatial software platform that powers today’s most successful Location-Based Services (LBS) applications such as those deployed by Ask.com, Qualcomm, Hotels.com Verizon, Sprint and many others.
  • Website
    http://www.decarta.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The majority of the financing was obtained from large strategic investors in recognition of deCarta’s opportunity in the fast-growing market for mobile location-based services and navigation.
  • M&A Terms
  • Venture Investor
    Hotung Capital Management
  • Venture Investor
    Norwest Venture Partners
  • Venture Investor
    Translink Capital
  • Venture Investor
    Undisclosed

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