Monday, February 26, 2007

iSkoot Raises $7 Million for Mobile Skype

iSkoot, a start-up based in Cambridge, Mass., secured $7 million in Series B financing for its software for mobile Skype calling.

In recent months, iSkoot has entered into a co-marketing and development partnership with Skype, and landed its first mobile carrier for its Skype-to-mobile service. iSkoot targeted its PC-to-mobile plug-in at Skype's PC-based VoIP service.

The 3 Group, a U.K.-based division of Hong Kong conglomerate Hutchison Whampoa Ltd., is offering Skype-to-mobile service using iSkoot software preloaded on certain carrier phones, including Nokia and Sony Ericsson handsets.

The round was led by Charles River Ventures and includes previous investors Khosla Ventures, ZG Ventures, and Jesselson Capital Corp. This financing follows a previous a $6.2 million Series A round of funding, bringing funding to a total of $13.2 million in the past year.