Mformation Raises $20 Million

Mformation Technologies Inc., an Edison, N.J.-based provider of mobile device management solutions, has raised $20 million in fifth-round funding. QuestMark Partners led the deal, and was joined by Wasatch Cross Creek Capital and return backers Battery Ventures, Carmel Ventures, Intel Capital and North Bridge Venture Partners. Mformation has raised just over $70 million in total VC funding since its 1999 inception. www.mformation.com