fring fring: New Funding Calling
04/30/2009
It might be a recession, but mobile VoIP is gaining traction here and there. The latest success story is mobile VoIP mash-up provider fring, which has secured a third round of funding. All previous fring investors participated in the round, including U.S.-based North Bridge Venture Partners, Pitango Venture Capital, Veritas Venture Partners and VenFin Ltd. The companies did not announce the amount of the funding. fring’s goal is to move beyond just mobile VoIP into the realm of aggregating all communication and social networking onto a handset. It acts as a nexus for Facebook, Twitter, Last.fm and others, while offering Skype, MSN Messenger, GoogleTalk, Yahoo!, AIM and ICQ. It also wraps in location-based services like WeFi. The additional funding will be used to offer more supported platforms, devices, add-on services contributed by developers worldwide, as well as improve usability and add rich features. “With this new funding round we will accelerate the realization of our ongoing commitment to make fring even more accessible, relevant and easy to use, therefore reducing practical barriers for mainstream users as well as third-party developers and partners who have expressed continued interest in fring and the fring platform,” said Avi Shechter, fring co-founder and CEO, in a statement.
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