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July 03, 2007
Cellity Funded For Mobilephone Services: Twitter and Cheaper Calls
Cellity, a mobilephone services startup, has raised a multi-million euro first round from Mangrove Capital (early Skype backers ), Neuhaus Capital Partners, who co-led the deal, along with business angel network B-toV.
There was competition to invest in this startup, we hear, but the VC investors were decided on fairly early in the game.
Users are expected to download a Cellity client to their phones for things like least-cost routing which finds the cheapest way to place a call, a Twitter plug-in, and a free SMS service. We profiled the startup in November for more details.
The founders will have their hands full managing all those services and trying to grow the user numbers but from the looks of it. But they have experience in the consumer telephony and mobile markets. As we wrote earlier, the team running Cellity includes: Sarik Weber, who was part of Xing's early success (the online biz network fka as OpenBC, now listed on the Frankfurt stock exchange), Nils Weitemeyer, founder and CEO of the mobile games developer Elkware (acquired by InfoSpace) and Tim von Törne once ran Skype Germany.
Read - Geldsegen Fuer Cellity (fischmarkt blog)
View Cellity
Posted on July 3, 2007 04:43 PM | Posted to News And Updates | Permalink
