Motricity, the mobile content platform infrastrucutre company based in Durham, NC, has closed on $30 million in venture funding that it will use to fuel the company’s global expansion.
The funding round was led by Advanced Equities, a VC investment bank based in Chicago. Previous Motricity investors also participating in this round included Technology Crossover Ventures, New Enterprise Associates and Intel Capital.
This is the second round of funding Motricity, formerly known as PowerByHand, has raised in the past year. In October 2004, the company secured $27 million in a round led by TCV.  All told, the company has raised $80 million in venture capital during its history…
More details in the release...