Bellevue-based Action Engine, developer of a software platform utilized for web-enabled mobile devices, raises $20M to fund its continuing projects and development.
As an acknowledged leader in On-Device Portal technology, Action Engine is known for its ODP platform that enables mobile advertising, and other management capabilities that aims at increasing profitability and elevating client’s brand. Among Action Engine’s existing clients include media companies and online networks who are expanding their mobile marketing strategies such as MSNBC.com, TiVo, SmartTV, Globe Telecom, SingTel, Verizon Wireless, and more.
AE has raised over $65 million in total VC funding since 2000.
Originally posted on July 30, 2007 @ 12:35 pm