Dexterra raises $21.5M to expand mobile platform, carrier partnerships
Mobile business software provider Dexterra announced today that it scored $21.5 million in sixth round financing from existing investors led by New Enterprise Associates and including Canaan Partners, Intel Capital, Mesirow Financial, Motorola Ventures and Sigma Partners. This brings the company’s total funding to $106.5 million.
Bothell, Wash.-based Dexterra develops mobile applications to meet different business needs and the software used to distribute them wirelessly to employees’ phones. One application would let a service company track the location of technicians working in the field, for example. With 145 employees of its own and big names like AT&T and Vodafone among its clientele, Dexterra executives predict profitability in the next 18 months. They plan to use the new funds to broaden their software offerings and add new mobile carriers to the fold.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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