Foonz conferencing twist gets $1M

By Vivek | January 24th, 2007 at 02:23 pm ET         

Foonz, provider of free personal conference calling service, has raised $1.08 million in Series A funding from Morgenthaler Ventures, according to PEHub. Foonz adds a twist to the way you do your group calls. To start with, you need to register at Foonz and get your personal conference call number and add information for all your contacts to Foonz including their cell numbers, IMs, and email addresses. Next time you want to get in touch with your friends, just dial into your Foonz number, and the service texts, emails all your contacts to join the call. Those who are missing, get a voicemail. On the backstage, Foonz has cut deals with telecom carriers to make your calls free. 

Foonz sounds like a good idea, but I am not sure whether number of people are really asking for it. Other variations - FreeConference.com, HighSpeedConferencing.com, Jyngle.com, and Nimbuzz.

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