Frengo, a mobile social play network for people on the go, announced that it has closed $5.7 million in Series A financing. The Trilogy Partnership, founded by several pioneers in the mobile communications industry, led the round. This Series A financing follows a $2.3 million seed round closed in August 2006 which was led by Khosla Ventures and Index Ventures. Both firms participated in this round.
Turning an ordinary cell phone into a fun and effective mobile social networking platform, Frengo is the first mobile messaging service designed specifically for friends and communities, allowing them to easily interact in a one-to-many fashion. “Our focus is on enabling a large portfolio of content appealing to a broad audience and building on users’ desire to stay connected to each other and have fun on their phone,†said Mahi de Silva, CEO of Frengo.
Originally posted on May 7, 2007 @ 11:18 am