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Urban Airship raises $15.1 million amid rising prospects for Portland startups

November 7, 2011 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

Urban Airship added heft last week. Now it’s added lift, too.

The Portland mobile software developer plans to announce Monday that it’s arranged $15.1 million in strategic investment from Salesforce.com and Verizon, among others. That follows last week’s all-stock acquisition of San Francisco mobile developer SimpleGeo http://www.oregonlive.com/silicon-forest/index.ssf/2011/10/urban_airship_picks_up_san_fra.html .

By Mike Rogoway, The Oregonian

Full Story: http://www.oregonlive.com/silicon-forest/index.ssf/2011/11/urban_airship_raises_151_milli.html

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