US-based telecoms equipment company Motorola Solutions has led a $1.2m first close by US-based mobile business application company Canvas.

US-based handset company Motorola Solutions has led a $1.2m first close by US-based mobile business application company Canvas.

Canvas is aiming to raise $1.75m in the series B round. Canvas raised its first round from an unnamed "prominent angel investor" in July 2009.

Reese Schroeder, a managing director at Motorola Solutions Venture Capital, said: "Canvas is well positioned at the epicentre of several shifts underway in the mobile business application market, including an increasingly mobile workforce and growing adoption of…