Deals

MokaFive snags $5M for virtualization software

If you’re not reaching, engaging, and monetizing customers on mobile, you’re likely losing them to someone else. Register now for the 8th annual MobileBeat, July 13-14, where the best and brightest will be exploring the latest strategies and tactics in the mobile space.

MokaFive, maker of computer virtualization software, says it brought in $5 million of an expected $7.5 million round of debt financing. Based in Redwood City, Calif., the company has not disclosed its recent investors. However, it previously raised a $15 million second round of funding in 2007 from Khosla Ventures and Highland Capital Partners.