Wednesday, May 28, 2008

Ontela Scores Series B Funding

Seattle-based Ontela said this morning that it has raised a Series B round of financing for the firm's camera phone software. Financial terms of the venture capital round were not disclosed. The new funding was led by Steamboat Ventures, and included prior investors Hunt Ventures, Oak Investment Partners, and Voyager Capital. Ontela said the funding round would position the company to grow its product line and expand internationally. Ontela's software allows users to easily get camera phone pictures off their cameras onto web sites, email, and a user's PC. More information »