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<B>Rosum Raises Money</B> - TvTechnology

Rosum Raises Money

Firm makes technology for mobile GPS over broadcast signals
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Rosum Corp., which makes mobile positioning technology for use over broadcast signals, has raised $15 million, according to PE Week.

The application could fold into the push for mobile broadcasting and the provision of live, place-based advertising.

Contributors include TruePosition, a subsidiary of Liberty Media; as well as repeat investors Charles River Ventures, Allegis Capital, Steamboat Ventures and KTB Ventures. Other previous investors include Intel, Boeing, Trimble and 2Wire. Rosum is based in Mountain View, Calif.