AAA Carrier IQ gains $12m in fourth round

Carrier IQ gains $12m in fourth round

Half of US-based mobile analytics company Carrier IQ’s strategic investors have publicly reinvested in the company’s $12m fourth round of funding.

Intel Capital, the corporate venturing division of US-listed semiconductor company Intel, was named as a repeat investor but Presidio Ventures, the wholly-owned subsidiary of Japan-based conglomerate Sumitomo, was not named.

Carrier IQ said US-based venture capital firm Bridgescale Partners led its series D round along with repeat VCs Mohr Davidow Ventures, Accel Partners, Charles River Ventures and Nauta Capital.

In January last year, Intel Capital and Presidio invested in Carrier IQ’s $20m series C round. However, since that C round, Presidio has changed leaders with Toshihiko Kusakabe replacing Toshiyuki (Tom) Kato earlier this year. Presidio was unavailable for comment by email.

Carrier IQ raised about $30m in aggregate from its series A and B rounds, according to news provider VentureWire.

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