Motion Computing secures $6 Million in new funding
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Austin: Motion Computing, a mobile computing and wireless communications player, has received funding of $6 million from New Enterprise Associates (NEA), Institutional Venture Partners (IVP), G-51 Capital, and other new investors. The funds will be used to drive continued expansion into the healthcare market and support international growth opportunities. NEA, an investor in Motion's earlier funding rounds, is a venture capital firm focused on the information technology and healthcare sectors and has funded approximately 550 companies to date. IVP, one of the premier later-stage venture capital firms and previous investor in Motion is also participating in the current funding round, as is Austin-based G-51 Capital. "Since our first investment in Motion we have watched it develop through the introduction of innovative products and solutions," said Paul Hsiao, NEA Partner. "We are committed to helping the company build on its success." "Motion continues to bring cutting-edge solutions and products to the healthcare industry and we are pleased to be able to assist in Motion's continued expansion," said Norm Fogelsong, IVP General Partner. The Motion C5 is a Mobile Clinical Assistant (MCA) deployed in more than 4,000 healthcare organizations worldwide. Additionally, Motion recently entered new markets with the F5 rugged field tool, which is being used across vertical industries that require a highly durable device in a lightweight and portable design. Motion provides mobile computing products and services for the healthcare industry and across other vertical markets, and is the leading provider of slate tablet PCs, with more than 40 percent market share worldwide, according to the IDC Market Analysis, Worldwide Tablet PC 2007-2011 Forecast. Motion was founded in 2001.

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