Fon Closes $14 Million Round, Working With Qualcomm

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Fon, a company that operates a system of dual access wireless networks, has completed a $14 million funding round. Qualcomm Ventures led the fundraising, with Index Ventures, Google, Coral, Atomico and Deutsche Telekom also participating. 

Fon is in the process of developing a router that combines social WiFi with social music, based on a chipset from Qualcomm Atheros, a subsidiary of Qualcomm. This new router is expected to be available in the first half of 2014.  Qualcomm Atheros is also integrating Fon as a feature, available via SDK for its chipsets.

[Image courtesy: Fon]