Action Engine Raises $20 Million

Action Engine Corp., a Bellevue, Wash.-based developer of a software platform for use with Web-enabled mobile devices, has raised $20 million in Series E funding. Return backers included Baker Capital, Northwest Venture Associates and Spangler Group. Existing shareholders OVP Venture Partners and Intel Capital opted not to re-up. Action Engine has now raised around $65 million in total VC funding since 2000. www.action-engine.com