Tuesday, June 10, 2008

deCarta Gets Strategic Investment

San Jose-based deCarta, a developer of software and related services for the Location Based Services industry, said this morning that it has received $6M in investments from T-Mobile Venture Fund. According to deCarta, the strategic investment is part of a larger ongoing financing round. Existing investors in deCarta include Cardinal Venture Capital, Mobius Venture Capital, and Norwest Venture Partners. deCarta's software is used by carriers to deploy location based services applications. More information »