deCarta Raises $6.16M in Series D Financing

deCarta, Inc., a San Jose, CA-based provider of advanced and comprehensive geospatial software platforms for Internet, mobile, personal navigation and enterprise location-based service (LBS) applications, has raised $6.16m as a part of an expected $10.2m Series D funding round.
According to a regulatory filing, the company will use the funds for working capital. 
deCarta’s technology and solutions are used by application developers, service providers, and mobile handset OEMs. Customers and technology partners include Appello, ATX, AutoTrader.co.uk, Ford, FullPower, General Motors OnStar, Hotels.com, INRIX, LG electronics, Local Matters, loopt, Maps.com, Multimap, NAVTEQ, Opera Software, T-Mobile, Samsung, SimpleGeo, Tele Atlas, Verizon, WHERE and Xora. 
The company, which also operates international offices in the UK, Germany, the Netherlands and China, is backed by venture capital firms including T-Venture, Cardinal Venture Capital, Mobius Venture Capital, Norwest Venture Partners, Hotung Group and TransLink Capital.
FinSMEs 
24/08/2010

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