DeviceAnywhere Secures Debt Financing For International Expansion

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DeviceAnywhere, a company that helps developers test their applications online before they are released to mobile phones, said today that it has raised an undisclosed amount of debt financing to expand internationally.

The San Mateo, Calif.-based company, which secured money from MMV Financial, will use the funds to create a global sales and marketing team in order to go after new territories, where the company is seeing a lot of demand, according to a spokesperson. Most recently, the company raised an undisclosed amount in equity financing in December 2006. Investors in the company include: Motorola (NYSE: MOT) Ventures and France Telecom

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