$15 million for deCarta

Update: 9 am EST - now PR posted on our site.

deCarta, a North American supplier of software and services for the Location-Based Services (LBS) industry, today announced the close of a $15-million Series C-1 expansion round of funding led by existing investor Norwest Venture Partners (NVP). Other existing investors, Mobius Venture Capital and Cardinal Venture Capital, were also participants in the round.

- GPS Business News (no sign of this on deCarta website, the wire, etc., 8 am EST)

Published Tuesday, July 24th, 2007

Written by Adena Schutzberg

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