T-Mobile Venture Fund invests $6m in deCarta

10 Jun 2008

Deutsche Telekom's T-Mobile Venture Fund has invested US$6 million in geospital software plattform provider deCarta.

deCarta gives mobile LBS application developers and mobile operators the ability to quickly build and deploy applications that integrate a wide variety of map and data sources to provide complex local search, navigation, mapping, social networking and spatial search functions.
Its technology is ideal for mobile LBS solutions, including off-board, server-based applications offered by mobile operators through to "connected navigation" - the ability to integrate PNDs and smartphones through real-time two-way mobile connectivity to a variety of dynamic data sources and local search services.
According to J. Kim Fennell, president & CEO of deCarta, T-Mobile's investment is a firm endorsement of the pivotal role deCarta plays in accelerating the delivery of location-oriented mobile applications and services to consumers around the world through its extensive network of LBS developers and partners.