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MontaVista picks up $28 million

MontaVista Software has raised $28 million in a third round of funding. IBM, Sony, and previous investors U.S. Venture Partners, Alloy Ventures, Intel Capital, RRE Ventures and WR Hambrecht participated in this latest round. Sunnyvale, Calif.-based MontaVista has raised a total of more than $60 million. The company provides a variety of software and services for developing Linux-based applications geared for devices.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
MontaVista Software has raised $28 million in a third round of funding. IBM, Sony, and previous investors U.S. Venture Partners, Alloy Ventures, Intel Capital, RRE Ventures and WR Hambrecht participated in this latest round. Sunnyvale, Calif.-based MontaVista has raised a total of more than $60 million. The company provides a variety of software and services for developing Linux-based applications geared for devices.