|
|
Article: Motion Computing Lands $11.2 Million in Series B Funding; Premier VC Firm NEA Leads Investment; Jimmy Treybig to Join Board.
- Article from:
- Business Wire
- Article date:
- November 3, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors/High-Tech Writers
AUSTIN, Texas--(BUSINESS WIRE)--Nov. 3, 2003
Motion Computing, a top-three provider of slate tablet PCs and an innovator in ultramobile computing and wireless communications, today announced $11.2 million in Series B funding to accelerate its growth in domestic and international markets.
The investment is led by one of the world's most successful venture capital firms, New Enterprise Associates (NEA), which has $5 billion under management and specializes in information technology and healthcare companies.
NEA is investing $10 million. The remaining $1.2 million is being funded by several Series A ...