Sectors
The money will be used to begin manufacturing the company's QuantumFilm image sensors, which are currently being evaluated by phone manufacturers ahead of shipping devices in the second quarter of next year.
Verizon and salesforce.com backed iOS push technology developers Urban Airship concludes $25m Series D round. The round was led by August Capital with contributions from others. The funds will be used to expand the workforce for accelerated product development.
All existing institutional investors, including Polaris Ventures, Versant Ventures, SV Life Sciences, Sparta, and Ascension Health Ventures participated at or above their pro-rata level in the current financing.
AppNexus said its total funding since launch was $140.5m. In October 2010, AppNexus raised $50m in its C round from Microsoft and venture capital firms.
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