FreedomPop Raises $4.3 Million Series A1 Round


[Techtaffy Newsdesk]

FreedomPop has raised an additional $4.3 million in funding in a Series A1 from existing investors, DCM and Mangrove Capital, bringing total funding to $11.2 million.

Founded in 2011, FreedomPop is a telecom company backed by DCM, Mangrove Capital, and Skype founder Niklas Zennstom’s Atomico.  FreedomPop launched its free broadband service on Clearwire’s 4G network earlier this year and is scheduled to go live with Sprint in 2013.

Also see:

Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.