AAA Soonr rather than later for HighBar to join

Soonr rather than later for HighBar to join

Soonr, a US-based provider of mobile software access systems, has raised $4.5m from its venture capital and strategic investors.

HighBar Ventures, an early-stage investment firm started by founders of technology company Sun Microsystems, led the series C round as a new investor alongside undisclosed previous investors.

Technology company Cisco Systems had led Soonr’s $9.5m series B round in January 2008 with Intel Capital, the in-house venture capital operation of chip maker Intel, participating alongside VC Sand Hill Capital and Clearstone Venture Partners.

John Kim, managing partner at HighBar Ventures, which is planning to raise a $100m institutional VC fund according to news provider VentureWire, said: "Our investment will allow Soonr to accelerate its partnership strategy and expand its world-class software-as-a-service."

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