Truphone gets big money

By Vivek Puri

Truphone, the London based startup that enables free mobile-mobile calls over WiFi, has closed one of the biggest Series A round in the recent history. Truphone today announced a funding round of $24.5m(£12.5 million). The funding round was led by Wellington Partners, and participated by Independent News & Media and Burda Digital Ventures.

It was only last week that I had written about upcoming release of Fring’s WiFi enabled application and few other startups competing the this space. Innovative efforts by companies like Truphone, Fring, Gizmo, and Nokia  are set to disrupt traditional wireless business model. Truphone’s big funding round shows the reconignition this fact and that mobile over WiFi is a viable option especially for areas with poor wireless coverage while also enabling free mobile-mobile international calls.

Links:
Truphone

8 Responses to “Truphone gets big money”

  1. Link happy at Roam4free Says:

    [...] Truphone raises 20 million [...]

  2. StartupSquad » Blog Archive » iPhone — undecided customer Says:

    [...] (-)Development community: Nokia has a good market share of the mobile apps that are launched and strong development community to power innovative application development. Just look at some of the most promising technologies in making from startups like Truphone, Fring, iSkoot, Skype, and Gizmo, all of whom first support the Symbian phones. After Nokia, rest of the market share is taken up by Moto, Sony, Treo/Microsoft Mobile and few more European mobile companies. When Apple opens up its platform(if it plans) in June, it will be looking to grab share from either of these development communities which like any other development platform take its own sweet amount of time. [...]

  3. StartupSquad » Blog Archive » Nimbuzz launches mobile-mobile calls at local rates Says:

    [...] With this release, our ever growing list of startups enabling mobile free or near free calling now includes Nimbuzz, Fring, Truphone, Jajah, Rebtel, Mino, Talkster, and Talkonaut.  [...]

  4. StartupSquad » Blog Archive » Cheatsheet - mobile VoIP and WiFi upstarts Says:

    [...] [...]

  5. StartupSquad » Blog Archive » Truphone gets office in San Jose? Says:

    [...] The London based mobile VoIP startup Truphone that had raised $25 million earlier this year is rumored to be opening up an office in San Jose, CA. As we wait for the official confirmation of that news, what Truphone does need to deliver is wider device compatibility. Currently Truphone works on bunch of Nokia handsets. WindowsMobile 6, and Blackberry 8820 that will have WiFi, makes couple of more major platform to cover. Tags:Share and Enjoy: [...]

  6. StartupSquad » Blog Archive » Orange and VodaFone turn WICKED Says:

    [...] Orange and VodaFone in UK are playing games with their customers. Both the carriers have been quietly removing VoIP capability from the recently launched Nokia N95 handset, according to The Register. In the end customers are buying the pricey device with VoIP capability removed from the handset. This in effect means that Orange and VodaFone users cannot take advantage Truphone’s service that helps users make free calls. However Fring and Barablu are not affected by the change ’cause they don’t work on the handset’s inbuilt SIP capabilities. [...]

  7. StartupSquad » Blog Archive » Royal Court to T-Mobile - BackOff Says:

    [...] Truphone had raised $25 million in funding earlier this year. [...]

  8. StartupSquad » Blog Archive » Fring raises more money Says:

    [...] I had been expecting this news for long time now especially when competing startups have raised big money – Nimbuzz – $10 million+, Truphone – $25 million, iSkoot – $13.2 million, EQO – $12.5 million, Mig33 – $10 million. fring is trying to play the game bit differently by not disclosing any financial details regarding the investment. Tags:Fring, Funding mVoIP [...]

Leave a Reply