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Funambol Nabs More Venture Capital Funding

Tuesday, August 28, 2012 5:54:00 AM PDT | VentureDeal

   Foster City, California  --  Mobile technology provider Funambol has garnered $5.7 million in new venture capital equity, according to an SEC regulatory filing.

Funambol has developed open source mobile application server technologies for the management, synchronization and application development of wireless services.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

Funambol is still seeking $1.7 million in additional financing, according to the filing.

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