Xora raises $4M for mobile workforce management technology
Xora, a Mountain View, Calif. provider of mobile workforce management technology, has raised a $4 million venture loan from MMV Financial Inc, according to VentureWire (subscription required).
The company has raised more than $11 million in venture capital, including from Dawntreader Ventures.
Xora, which says it has more than 7,500 customers, helps companies track and record start times and the location of employees by giving them an Sprint Nextel GPS Java mobile phones.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
