Fring Announced Closing Series C Funding

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Fring Announced Closing Series C Funding Fring Announced Closing Series C FundingFring Announced Closing Series C Funding

 

2 June 2011

Fring, Israel-based mobile communication service, that in April 2011 launched an application enabling users to conduct video calls with maximum four participants, has announced that the company had closed a Series C funding round with existing investors for $10 million.
According to company’s officials, the money will be used to promote fring’s mobile innovations and deliver fring's video communication suite to new devices and users.
Fring provides free video calling, mobile group video calls, calls and live chat on most of smartphones via any connectivity (WiFi, 3G, 4G).
Deploying fringOut, users have an opportunity to call any regular phone across the world with prices starting from 1 cent per minute.

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