Redwood City, California-based Frengo, a mobile social networking startup targeting the growing SMS market has completed its first round of funding of $5.7 million. The round was led by Trilogy Equity Partners, a firm led by John Stanton, the former T-Mobile USA and Western Wireless Chief Executive, and completed by Khosla Ventures and Index Ventures, both of which provided capital in the initial round of $2.3 million for Frengo in December 2006. Frengo runs messaging-based games involving trivia or predicting sports matches.
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