deals, VC, Aviation
Naverus Nets $4M for Navigation Software
Gregory T. Huang 4/17/09
Kent, WA-based Naverus, a maker of novel navigation software for airlines, announced today it has raised $4 million in funding led by Foundation Capital and East Peak Partners. Naverus has developed a performance-based navigation system, which provides precise flight paths that are faster and more fuel-efficient and reduce carbon emissions. The company has airline customers in the U.S., Canada, Australia, and China.
Gregory T. Huang is the Editor of Xconomy Seattle. You can e-mail him at gthuang@xconomy.com or call 206-624-2249.





