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Mobile social network Parlor.fm raises $500,000 in angel money from ALM UNLTD

May 26, 2011 by Dusan Belic - Leave a Comment

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Mobile voice-based social network Parlor.fm closed an angel round of funding that has made $500,000 available for its launch. The funding was provided by investment group ALM UNLTD with an impressive $5 million pre-money evaluation. The company will use the new money to help bolster its current array of interconnected mini-apps and debut new functionalities down the line.

Parlor.fm’s mobile app allows few cool functionalities, including:

  • Chat – which allows like-minded individuals to talk one-on-one. At any moment, caller can press the # key to be transferred to a different user, if he or she is dissatisfied with a conversation.
  • Conference – made for group conversations, it’s super easy to use requiring no PIN codes to join the talk.
  • Broadcast – which is said to be perfect for call-in programs, radio DJs, and Q&As, among other purposes, allowing callers listening to a host to effectively “raise their hands” to get in line to interact with the host.
  • Profiles – allows users to create four profiles (Personal, Work, Sales & Services and Free Advice) to showcase their social and professional offerings.
  • Journal – where users can post pictures, updates and links.
  • Search – which is made to make the most of (i.e. search through) Profiles and Journals.

And that’s about it. Not sure what to think about it. Although I don’t like the idea of voice communication on social networks, I’m sure there are others who disagree.

Parlor is available as a free download for iOS and Android devices, with BlackBerry and Windows Mobile apps coming soon.

Parlor (FREE) [iTunes link] [Android Market link]

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