According to “ bizjournals.com ” Centrality Communications
Inc.said it has raised $20 million in Series D venture financing.
The Santa Clara provider of chipset technology for portable navigation devices said it will use
the funds to extend its Atlas product offering and increase its NIS market share.
Focus Ventures of Palo Alto led the round with participation
from existing investors, including Acer Venture Partners, EnspireGroup, Harbinger
Ventures, Menlo Ventures, Venture Tech Alliance and Walden International Kevin McQuillan, general partner of Focus Ventures, has
joined Centrality’s board of directors.
This investment brings the total funding in the company to
more than $50 million.
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