Location-based software provider deCarta raises $10.5M
May 9, 2008 | Anthony Ha
Mapping platform maker deCarta has raised $10.5 million of a planned $21 million in a new third round of funding, according to Private Equity HUB. Backers include Norwest Venture Partners, Mobius Venture Capital and Cardinal Venture Capital.
The San Jose startup has created a platform and software that companies can use to integrate mapping, routing and spatial search into their application. DeCarta says its technology has been used by Google, Ask.com, Verizon and Sprint. Last year, the startup raised $15 million as the first part of this third round.
Tags: co:DeCarta, inv:Cardinal-Venture-Capital, inv:Mobius-Venture-Capital, inv:Norwest-Venture-Partners
Anthony Ha writes about enterprise technology, cloud computing, tech policy, and random cool startups. Before joining VentureBeat in January 2008, he worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. Anthony attended Stanford University from 2001 to 2006, and now lives in San Francisco. Reach him at anthony@venturebeat.com.
