Tech Company Financing Transactions
deCarta Funding Round
Hotung Capital Management, Norwest Venture Partners and Translink Capital invested in a $20 million Series C funding round for deCarta. The financing closed on 7/28/2008.
Transaction Overview
Company Name
Announced On
7/28/2008
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series C
Investors
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
Four North Second St. 950
San Jose, CA 95113
USA
San Jose, CA 95113
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kim Fennell
VP - Engineering
Yong Shin
VP - Sales
Michael Cottle
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