Motricity Raises $50 Million from Icahn

Motricity Inc., a Durham, N.C.-based provider of mobile marketplace management solutions, has raised $50 million in equity funding from Carl Icahn, through an affiliated company. Motricity previously had raised around $130 million in VC funding, from firms like Technology Crossover Ventures, New Enterprise Associates, Massey-Burch Capital, Noro-Moseley Partners, Intel Capital, Qualcomm Ventures, Sienna Ventures, TriState Investment Group, Wakefield Group and Advanced Equities. < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />