new version available

Newsletter Sign Up

Please enter your email to receive FREE venture capital and private equity special offers, news, and information!

Your Name: 

Your Email:  

bookmark us

November 6, 2012

ItsOn Mobile Company Gets $ 15.5 Million in Funding

Filed under: Venture Capital News — admin @ 3:46 am

ItsOn got $ 15.5 million of venture funding from Andreessen Horowitz. The firm also got a round of funding from Verizon Communications, Best Buy and Vodafone Group Plc. The money will be used to power an original service for one of the biggest mobile suppliers in America at the beginning of next year.

ItsOn was founded in 2008 by former executives at Cisco Systems Inc, Greg Raleigh and Charlie Giancarlo. The company offers software that is being installed both on mobile device (like smartphones) and on remote servers which are connected to the network of the wireless service provider.

ItsOn want their clients to be able to use the software from the smartphones to make changes very easily without calling the customer service. The new technology that the company attempts to offer will enable customers to use the same gadget both for business and pleasure and pay separate bills by using this innovative software.

Still, this new technology is not yet on the market and the officials did not say when this service will be available for the public. The executives did not comment on what types of service the software will first support.

As they surprised the public with new things until now, we can only expect not to wait too much longer to be surprised by this new promise of change in all our lives.

Comments

Facebook comments:



Share This Post:  

Try out our Venture Capital Firms
and Angel Investors
database for FREE!

Enter your name and valid e-mail address to download our FREE
investor database trial version, then click the "Get It Now!" button

Your Name:    

Your Email:     

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close

X

Enter your name and valid Primary Email Address below now to download our FREE trial version, then click the "Get It Now!" button to start the downloading.

Your Name: 

Your Email: 

NOTICE: This is a spam-free site. Your email address will never be sold or traded and you may unsubscribe at anytime.

Tip: VCgate gives you access to 4,500+ venture capital and private equity investors worldwide at the touch of a button.