Bitbar is a company that has developed a mobile app testing platform called Testdroid. Bitbar has raised $3 million in funding as part of a round led by Creathor Venture, DFJ Esprit, Finnvera Venture Capital, TEKES, and Qualcomm Ventures. Based in Finland, Bitbar will be using the funding to expand beyond test on Android, iOS, and HTML5. Bitbar previously raised a seed round from Finnvera Venture Capital and several undisclosed angel investors.
Qualcomm Ventures Posts
Streetline has raised $25 million in Series C funding led by True Ventures. New investors that participated in this round include Citi Ventures and Qualcomm Ventures. Sutter Hill Ventures, RockPort Capital Partners, and Fontinalis Partners participated in the round based on pro-rata follow-on investments.
ChaCha.com is a question and answer service that has raised $3 million in funding from Qualcomm Venture Partners. This puts ChaCha at a total of $75 million in funding. ChaCha CEO Scott Jones said that Qualcomm’s “experience and insight into the global wireless ecosystem will help ChaCha continue to expand its service worldwide.”
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Waze is a live social GPS map company that lets you announce when you run into issues on certain roads like traffic jams or a police officer giving away speeding tickets. Wave has about 2 million users and has logged over 250 million kilometers. Waze has raised $25 million in Series B funding.
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Nokia has bought an Illinois-based company called Novarra. Novarra used to be known as Infospeed Communications. Novarra develops mobile web browser technologies. The terms of the acquisition are unknown.
Nokia said that Novarra will be rolled into Nokia’s web browser. Novarra started in 1999 and raised $50 million in funding. Investors in Novarra include Qualcomm Ventures, JK&B Capital, Public Employees Retirement Association of Colorado, and Fort Washington Capital Partners Group. Novarra has about 100 employees. [alarm:clock]