Historic? We think so.
Transformation is in the air. History is changing course. A feverish buzz is sweeping the nation. And we think we know why…
Autumn at iSkoot has been kind of a breakthrough.
First, we scooped up Social.IM (iSkoot’s first acquisition: check). Then, iSkoot for Skype landed front-row placement in the highly anticipated Android Market (Android’s first mobile “VoIP” application: check check). And now, on the heels of these excitingly notable “firsts,” we’re pleased to announce what TechCrunch’s Michael Arrington has called…a “downturn-busting venture round.”
Last week, iSkoot closed its third round of financing. (Complete details here.) It was a very good day, thanks to generous investments from Vision Opportunity Master Fund, Charles River Ventures, Khosla Ventures, Jesselson Capital Corporation and ZG Ventures. As if that weren’t blushworthy enough, Techcrunch had some very kind words to say about the news:
“One thing’s for sure - the cream rises to the top in a downturn. And San Francisco/Israel based iSkoot, which has built technology that lets mobile users access Skype via normal mobile handsets, look like it’s the cream.”
Andy Abramson’s VoIP Watch also extended support:
“Given the economy the raising of an additional $19 million dollars is a feat unto itself. I hear that there is a lot of good things coming from iSkoot so this round will be the round to get them over the top.”
Of course, humble gratitude goes out to our investors, and sincere thanks goes out to our well-wishers at Techcrunch and in the blogosphere. Last Friday was definitely one for the books at iSkoot.
