Dexterra Secures $21.5 Million Funding Round Led by New Enterprise Associates
Investment Round to Provide Continued Growth for Market-Leading Mobile Enterprise Application Platform and Software Provider
BOTHELL, WA -- (Marketwire) -- 10/02/08 -- Dexterra, Inc., a leading provider of softwareto automate and manage mobile workforces, today announced the close of$21.5 million in funding. New Enterprise Associates led the round withadditional investment from the company's existing investors CanaanPartners, Intel Capital, Mesirow Financial, Motorola Ventures and SigmaPartners. This round of funding will support the advancement of Dexterra'smobile business platform and applications, strong partner and wirelesscarrier ecosystem and future opportunity in one of the fastest-expandingsegments in the enterprise software market. Dexterra's support by theinvestment community comes as it has experienced double digit percentgrowth year-over-year, as evidenced by Deloitte's recent top-10 ranking ofDexterra in its Technology Fast 50 program.
"Today's challenging economic environment makes deciding which companies toinvest in more difficult than ever," said Scott Sandell, General Partner atNew Enterprise Associates. "We've been closely watching the growth ofenterprise mobility and Dexterra is well positioned as a market leader. Weare impressed by Dexterra's revenue traction in both enterprise and carriermarkets, strong suite of products targeted at growing markets andunwavering dedication to product excellence and customer success."
About Dexterra
The business mobility company(TM). Dexterra provides a broad portfolio ofmobile applications built on itsopen mobility platform, DexterraConcert(TM), that enables businesses worldwide to manage and optimize theirmobile workforces. Dexterra supports the largest selection of mobiledevices and integrates with the widest range of enterprise back-officesystems in use today. Dexterra's end-to-end solutions help companies largeand small experience rapid deployments, greater returns, higher customerand user satisfaction, and a longer lifespan over any other competingsolution.
Dexterra has operations in the Americas, Europe, Middle East and AsiaPacific and a vast network of global partners including Accenture, AT&T,IBM, Motorola, RIM and Telstra. For more information, visitwww.dexterra.com.
©2008 Dexterra, Inc. All Rights Reserved. "Dexterra" is a registeredtrademark, and "Concert" and "The Business Mobility Company" are trademarksof Dexterra, Inc.
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MEDIA CONTACTS:North America & GlobalSophie VuDexterra, Inc.+1 650 249 5909Email ContactPam FergusonCandelori Communications, Inc.+1 408 358 7225Email ContactEMEARik Salmon / Tom KirkhamJohnson King+44 207 401 7968Email Contact
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