Rumor: TalkShoe closing in on $5M round

A source tells us that online community calling and podcasting site TalkShoe is in talks on a round of funding. The total is said to be $5 million and would likely come from Third Security, a Virginia-based private equity and venture capital firm.

The service hosted over 47,000 community calls last year, connecting 259,000 people, and had over 7.5 million downloads. In February the company announced its intention to become the go-to service for voice services on social networks. Last month, the company created a Facebook application. It also recently launched an iPhone application which makes it easy to use the device with the service.

The Pennsylvania-based TalkShoe launched in 2006.

We’ve contacted the company for a comment and will update when we know more.

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About the Author, MG Siegler

MG Siegler writes about technology trends and new media for VentureBeat, with a focus on mobile topics, social elements and key news stories. Before that, MG wrote about technology on his blog, ParisLemon. Originally from Ohio, MG attended the University of Michigan where he studied film. He's previously lived in Los Angeles where he worked in Hollywood and in San Diego where he did web development. He now lives in San Francisco.