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Truphone Closes On $32.7 Mil USD Series B Funding

Filed in archive Companies by Dameon Welch-Abemathy on April 21, 2008

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I was wondering where Truphone got the money to buy SIM4Travel, now it's clear: they raised another 16.5 Million UK Pounds (or $32.7 Million US Dollars) from both current and new investors!

Truphone's plans for world dominationlinks are also clear. This money, along with their recent acquisition of SIM4Travel, will enable Truphone to develop a single, global SIM card that offers not only low call charges both domestically and abroad, but also Internet calls for free or ultra-low cost.

They've got the money. They've got a core infrastructure that can support 40 million customers worldwide. Can they pull it off? Looking forward to it!






Permalink: Truphone Closes On $32.7 Mil USD Series B Funding
Tags: truphone  sim4travel  voip  2007  free  series+funding  truphone+closes  closes+series 

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