OQO Announces $20M Financing Round: Financial News - Yahoo! Finance

"OQO, Inc., manufacturer of the model 01 and model 01 ultra personal computer, today announced $20 million in Series D financing. The oversubscribed round was led by Washington D.C.-based Paladin Capital Group with existing institutional investors Azure Capital Partners and AsiaTech Management, as well as new key strategic investor Motorola Ventures, the venture capital arm of Motorola, Inc. (NYSE: MOT - News). This round will be used to scale the sales and marketing efforts while accelerating research and development of next generation ultra personal computer products and related technologies."