Dexterra secures $21.5 Million in funding
By
siliconindia news bureau
Bothell: Dexterra, a provider of software to automate and manage mobile workforces, has closed $21.5 million funding. New Enterprise Associates led the round with additional investment from the company's existing investors Canaan Partners, Intel Capital, Mesirow Financial, Motorola Ventures and Sigma Partners. This round of funding will support the advancement of Dexterra's mobile business platform and applications, strong partner and wireless carrier ecosystem and future opportunity in one of the fastest-expanding segments in the enterprise software market. The support by the investment community comes as the company has experienced double digit percent growth year-over-year, as evidenced by Deloitte's recent top-10 ranking of Dexterra in its Technology Fast 50 program.
"With this additional round of financing we aim to continue driving the direction of the mobile enterprise software market and reinforce our position as the leading provider of mobile business platform and applications," said Michael Liebow, Chief Executive Officer, Dexterra. "Reinvestment in the company from the existing investors demonstrates their continuing support in our team, technology, business vision and the overall market opportunity for advanced mobile business software that help organizations maximize their enterprise application investments through mobility," he added.
"With this additional round of financing we aim to continue driving the direction of the mobile enterprise software market and reinforce our position as the leading provider of mobile business platform and applications," said Michael Liebow, Chief Executive Officer, Dexterra. "Reinvestment in the company from the existing investors demonstrates their continuing support in our team, technology, business vision and the overall market opportunity for advanced mobile business software that help organizations maximize their enterprise application investments through mobility," he added.
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