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February 24, 2012 01:36 am GMT
There's been a few walkie-talkie mobile apps that have come out on iOS and Android over the last year or two, but it wasn't until last fall that when one of them had a breakout moment. Voxer suddenly hit it big with young black people in Cleveland and a few other big cities last November. Since then, it has spread to the world, topping app store and gaining a wide range of users -- including venture capitalists on Sand Hill Road here in Silicon Valley.By which I mean, lots of VCs are both using it, and looking at investing in it. Voxer has spent the last couple months working on closing an angel round that it had left open, according to industry sources, while also working on its first venture funding. It's raising $15 million to $20 million at a pre-money valuation of $150 million, says one person. Another counters, saying that the valuation is going to be at least double that.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wtu4ZtXWiUA/
Walkie-Talkie App Voxer Popular With Investors, Too, Raising $15M to $20M At Up To $300M Valuation
There's been a few walkie-talkie mobile apps that have come out on iOS and Android over the last year or two, but it wasn't until last fall that when one of them had a breakout moment. Voxer suddenly hit it big with young black people in Cleveland and a few other big cities last November. Since then, it has spread to the world, topping app store and gaining a wide range of users -- including venture capitalists on Sand Hill Road here in Silicon Valley.By which I mean, lots of VCs are both using it, and looking at investing in it. Voxer has spent the last couple months working on closing an angel round that it had left open, according to industry sources, while also working on its first venture funding. It's raising $15 million to $20 million at a pre-money valuation of $150 million, says one person. Another counters, saying that the valuation is going to be at least double that.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wtu4ZtXWiUA/
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