Disqus
Just recently we wrote about Truphone and their plans to roll out Truphone SIM to allow users to take and make cheap phone calls, even when they’re outside of a hotspot. Now they’ve announced a new round (Series B) of venture capital funding that brought them additional £16.5m ($32.7m).
The round was led by private investors, with all of Truphone’s existing backers – Burda Digital Ventures, Eden Ventures, Independent News & Media and Wellington Partners – also participating.
“We aim to provide ultimate price and convenience, wherever you are. One world, one SIM,” commented James Tagg, Truphone’s CEO. “Beyond that, as a ‘Voice 2.0′ company we can start to develop and introduce new internet-based features and applications that give customers a richer mobile experience.”
In December 2006, Truphone raised £12.5m ($24.5m) in Series A funding, believed to be the European technology sector’s largest Series A venture funding of 2006.
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
