Tech Company Financing Transactions
Rosum Funding Round
Rosum, based in Mountain View, secured $15 million in funding from Allegis Capital, CRV and KTB Ventures.
Transaction Overview
Company Name
Announced On
4/15/2008
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Allegis Capital (Lara Druyan)
CRV (William Tai)
Proceeds Purpose
Skip Speaks, Rosum CEO, commented, "In the past seven months, we have secured partnershipswith Intel Corporation and 2Wire Inc. This new financing will enable us to accelerate our expansioninto the mobile TV and femtocell markets and to capture emerging global opportunities for oursolution."
Company Information
Company Status
Out of Business
Industry
Software
Mailing Address
301 North Whisman Road
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Overview
For enterprises and government entities that suffer from the limitations of GPS, Rosum provides seamless indoor/outdoor location technology that is rapid, available, and accurate. Rosum TV-GPS integrates signals from existing commercial TV towers with signals from GPS satellites to support positioning in all environments.
Management Team
Title
Name
Email & Social
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