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. The funding came from MK Capital, Clearstone Ventures, and Shasta Ventures. The funding brings the company's total raised to around $10.5M. Geodelic provides applications which provide additional information about local businesses and attractions via mobile phone. More information »