Location Technology Firm Rosum Raises $15 Million

By Dianne See Morrison Apr. 16, 2008, 2:23pm Comments Off

Location technology firm Rosum Corporation has raised $15 million in a second round of funding. Liberty Media (NSDQ: LINTA) Corporation subsidiary TruePosition joined existing investors Charles River Ventures, Allegis Capital, Steamboat Ventures, KTB Ventures in this round of financing. The Redwood, California-based company will use the funding to expand into mobile TV and femtocell markets, and to find markets outside of the US for its technology. Rosum