Tech Company Financing Transactions

deCarta Funding Round

deCarta secured a $15 million Series C investment round on 7/24/2007. Backers included Norwest Venture Partners, Cardinal Venture Capital and Mobius Venture Capital.

Transaction Overview

Company Name
Announced On
7/24/2007
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series C
Investors

Norwest Venture Partners (Lead Investor) (Jeffrey Crowe)

Cardinal Venture Capital (Derek Blazensky)

Mobius Venture Capital (Seth Levine)

Proceeds Purpose
The financing will be used to accelerate the growth of the organization in new markets and to expand its international reach to further capitalize on deCarta's industry-leading LBS software platforms.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
Four North Second St. 950
San Jose, CA 95113
USA
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
deCarta LinkedIn Company Profile
Social Media
deCarta Company Twitter Account
Company News
deCarta News
Facebook
deCarta on Facebook
YouTube
deCarta on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kim Fennell
  Kim Fennell LinkedIn Profile  Kim Fennell Twitter Account  Kim Fennell News  Kim Fennell on Facebook
VP - Engineering
Yong Shin
  Yong Shin LinkedIn Profile  Yong Shin Twitter Account  Yong Shin News  Yong Shin on Facebook
VP - Sales
Michael Cottle
  Michael Cottle LinkedIn Profile  Michael Cottle Twitter Account  Michael Cottle News  Michael Cottle on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/24/2007: Horizon Pharma venture capital transaction
Next: 7/24/2007: Glori Energy venture capital transaction

 

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