Mino Wireless, a company which intends to provide mobile-to-VoIP service, has received $1.5 million in its first-round of venture-capital funding. The privately held California company has been working on a technology which connects mobile phones to VoIP since it was founded two years ago.
The idea is that once the software is downloaded to mobile phone, the user can make international calls for only 2 cents per minute. Investors in the funding round included TNP on the Road (Japan/Silicon Valley Fund), Freeze L.L.C., AWE net and other investors in Silicon Valley and Asia. [Via RCR News]
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