SMS games company, Frengo, gets high-powered backing

frengo.jpgMobile social gaming startup Frengo launched last month, offering a bunch of games that you play via SMS or the Web on your mobile phone.

It offers fantasy sports leagues such as Fantasy Football, betting games about winners of sporting events like “College Hoops Pick ‘Em”, and posting of comments and pictures to MySpace — so there’s something for anyone who is bored and looking for distraction for free. We signed up, and it was easy enough to get started (you don’t need to download anything), though we didn’t find the format particularly compelling.

The company was originally backed in December with $2.3 million from Index Ventures and Khosla Ventures. It has just raised another round of $5.7 million, led by secretive firm, Trilogy Equity Partners (no web site), which is run by John Stanton and Mikal Thomsen, co-founders of Western Wireless. Also participating were Index and Khosla, according to Techcrunch.

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Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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