July Systems Raises US$10 Million in Series B Funding

July Systems, a start-up based in Santa Clara, California, has secured US$ 10 million in Series B funding for its turnkey managed mobile data solutions and service delivery software for service providers and wireless telecom operators. The funding will be used to expand the company’s develop team in Bangalore, India. The round was led by the top-tier US venture capital firm Charles River Ventures (CRV), with additional funding from all of the existing investors WestBridge Capital Partners, NeoCarta Ventures, Jumpstartup and Acer Technology Ventures. Silicon Valley Bancshares also joined as a new investor. http://www.julysystems.com