Deals

Location-based software provider deCarta raises $10.5M

Mapping platform maker deCarta has raised $10.5 million of a planned $21 million in a new third round of funding, according to Private Equity HUB. Backers include Norwest Venture Partners, Mobius Venture Capital and Cardinal Venture Capital.

The San Jose startup has created a platform and software that companies can use to integrate mapping, routing and spatial search into their application. DeCarta says its technology has been used by Google, Ask.com, Verizon and Sprint. Last year, the startup raised $15 million as the first part of this third round.

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