Article: u-Nav Raises $5M in Series D Financing Round; Company Expands GPS Alliance With Trimble.

IRVINE, Calif., July 9 /PRNewswire/ -- u-Nav Microelectronics Corp. today announced it has closed a $5 million Series D round of financing, which was lead by Nordic Venture Partners, iSherpa Capital, Shelter Capital and UNI-LLC. u-Nav will use the proceeds primarily to expand its sales and marketing teams and development programs to meet the rising market demand for its products. The Company has experienced 300% quarter over quarter growth for the past two years and expects similar growth in the future.

In addition, u-Nav announced that Trimble has expanded its alliance by making an investment in u-Nav's latest round of financing. In conjunction with ...

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