Mobiletec completed $12.1 million in third round funding. The round was led by Canaan Partners with participation from new investor Duchossois Technology Ventures and previous investors AIG Orion and Lucent Venture Partners. Mobiletec provides integrated software products that enable carriers and service providers to deliver mobile content. The company has partnerships with several carriers, including Vodafone.
Company had been bridged since April 04 w/ $3M capital. Sun was also an early investor when the company raised a $10.5M round at a $31.5M post (when the product was still in beta).
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