Geodelic raises $7M
Santa Monica-based Geodelic, the location-based mobile phone applications firm headed by ukelele-strumming Rahul Sonnad, has raised $7M, the firm said today.
These applications have the potential to deliver highly targeted advertising and that's why investors are pouring cash into companies like Geodelic, which just raised $3.5 million from Clearstone Venture Partners and Shasta Ventures.