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    Monday, July 30, 2007

    Action Engine Raises $20M in Venture Capital


    Action Engine Corp., a developer of on-device portal software, is announcing today that it has raised $20 million in a venture capital funding. Action Engine said previous investor Baker Capital led the effort, while two more previous investors, Northwest Venture Associates and The Spangler Group, also participated. To date, Action Engine has raised $65 million in venture capital, the company said, adding that the money will be used to accelerate the firm’s sales, marketing and customer implementation efforts. Based in Bellevue, Wash., Action Engine has been delivering on-device portal software to media companies and mobile operators since 2000. ODPs are downloadable clients that reside on wireless devices.
    posted on Monday, July 30, 2007 (Link to more information)


    Related companies:
    Action Engine

    Related stories:
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    > Action Engine Adds BREW Support
    > MobUI Acquires Action Engine, Raises Funding
    > Action Engine Powers Tivo Mobile
    > Action Engine Launches Multimedia Service
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