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Broadband

FreedomPop raises USD 4.3 mln in funding

Thursday 7 February 2013 | 19:21 CET | News
American free Internet company, FreedomPop has announced an additional USD 4.3 million in funding in a Series A1 from existing investors, DCM and Mangrove Capital, bringing total funding to USD 11.2 million. The company also announced the expansion of their social networks to share and request extra bandwidth from friends, extending the concept of "sharing economy" to the broadband market. Additionally, FreedomPop users will now receive 50MB per user they refer, up to five times from 10MB previously offered. FreedomPop users already have access to 100 percent free high speed Internet via a

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Categories: Internet
Companies: FreedomPop
Countries: United States
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