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Carrier IQ Raises $12M

Light Reading
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Light Reading
6/17/2010
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MOUNTAIN VIEW, Calif. -- Mobile Service Intelligence start-up Carrier IQ announced today that the company has completed its Series D financing round, totalling $12 million. The round was led by Bridgescale Partners, with participation from existing investors Intel Capital, Mohr Davidow Ventures, Accel Partners, Charles River Ventures, Presidio Ventures and Nauta Capital. The funding will support the company’s rapidly growing user base, continued global expansion, marketing activities, and investments in new features and applications.

“This new investment from Bridgescale Partners and the recommitment of our existing investors is a giant vote of confidence for the aggressive steps we have taken recently to expand our user base through our wireless operator and device OEM partners,” said Mark Quinlivan, CEO of Carrier IQ. “This investment will help us further accelerate the dynamics of the market by continuing to deploy breakthrough products that enable our customers to deliver products and services that their customers expect through unprecedented understanding of their end users mobile experience.”

Carrier IQ Inc.

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