PE Hub Reported:
San Ramon, CA based a la mobile has taken $6.75 million Series B in a round led by original investor Venrock. Under the deal, Venrock managing partners Ray Rothrock and Tony Sun join the a la mobile board.
a la mobile had recently demonstrated the Android platform on HTC Qtek 9090 Smartphone. Founded in 2005, a la Mobile has already established itself as the leader in developing and delivering one-stop, commercial-grade complete Linux system stacks for mobile devices: integrated, customized, certified, supported and maintained. The Company's first Linux system offering - Convergent Linux Platform (CLP) version 1.0 - based on the Qt application framework by Trolltech, was first introduced in 2006 and adopted by several handset vendors.
Does the Rule of 40 Work for Hardware?
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I've written about the Rule of 40 since 2015, and it's now gospel in SaaS.
Does it mean anything for a company that makes physical things? Yes - but
you ha...
4 days ago
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