Social router company, FON, raises $13M amid new competition
(Updated, corrected investor information)
FON, the Madrid, Spain company that offers routers to people that FON members can share if they want, has raised a second round of funding.
It has received $13M from existing investors Index Ventures and Google, and from four undisclosed non-US investors (the company says names will be announced at a later date). Its total funding is now $35 million, and comes a time when a raft of competitors have entered the… Continue Reading
Whisher tackles FON — launches its own WiFi nation
Honestly, we never got FON, the company that sells a WiFi router so that you can share your WiFi with others.
FON claims 50,000 nodes, and that it is the “largest WiFi network in the world,” so it appears to be having some traction.
Whisher is a new Spanish start-up flogging a similar model — but its offering may be more palatable than FON’s. Whisher has just raised an undisclosed amount of funding from Benchmark Europe… Continue Reading