BELLEVUE, Wash. — July 30, 2007 — Action Engine® Corporation, The On-Device Portal Company™, today announced it has raised $20 million of equity in its latest round of venture funding. This round brings the total funding raised to date to $65 million and was led by current investor, Baker Capital, with participation from other current investors: Northwest Venture Associates and The Spangler Group.
The funding will be used to accelerate investment in the company’s sales, marketing and customer implementation functions. Action Engine pioneered the technology for delivering mobile on-device portal (ODP) solutions to media companies and mobile operators in 2000. ODPs are downloadable clients that reside on the wireless phone, which are developed with an underlying mission to make content, like music, city guides and video, easier to discover and use.
Device Manufacturers:
Amazon | Apple | Barnes & Noble | BenQ-Siemens | BlackBerry | Fujitsu | HP | HTC
Kobo | Kyocera | LG | Motorola | Nokia | Palm | Pantech | Samsung | Sanyo | Sony Ericsson | Toshiba
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