The Hindu Business Line : Hellosoft seals $16-m funding

This round of funding included participation from new investors Mitsui & Co, Venture Partners and Entrepia Ventures, and current investors including Venrock Associates, Sofinnova Ventures and Jump Startup.

The Chief Executive Officer of Hellosoft, Mr Krishna Yarlagadda, in a statement said, "The new investment will help HelloSoft accelerate its development of solutions for the mobile multi-mode handset market."

HelloSoft plans to focus on advanced low-cost and low-power solutions.

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