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MontaVista Secures $21 Million in New Funding

Wednesday, December 06, 2006 7:30:00 AM PDT | VentureDeal Staff

SANTA CLARA, CA -- MontaVista Software announced the closing of a new $21 million round of funding for working capital and general corporate requirements.

The company develops and sells three Linux-based products:  Mobilinux for mobile devices, Carrier Grade for telecom infrastructure and Professional for a wide range of devices.

Leading the round was Siemens Venture Capital, followed by Alloy Ventures and U.S. Venture Partners as additional investors.

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