deCarta Receives $20,000,000 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=140ac346-1df5-4d61-973b-54eda1d4e9bc&Preview=1 -
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
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Venture Investor
Hotung Capital Management -
Venture Investor
Norwest Venture Partners -
Venture Investor
Translink Capital -
Venture Investor
Undisclosed
