Posts Tagged ‘TechCrunch’

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.

Social Hour

It seems folks around the iSkoot office aren’t the only ones buzzing over our recent nab of social network IM client, Social.IM.

After TechCrunch broke the news two weeks ago, Venture Beat jumped on the coverage, observing that the aquisition “positions iSkoot to move beyond the mobile VoIP market so that it can package a variety of mobile communications services that can be integrated with mobile phones.”

Our VoIP-Watching friend Andy Abramson caught wind the big play soon after, and had this to say about it:

“A company I’m rather fond of is iSkoot. They make the client that works on the SkypePhone that I use when I’m in the UK. Well today VentureBeat is reporting how iSkoot is getting more social, and in my view moving away from simply being a Skype connectivity client making company and into a lot more.”

A lot more indeed. As Chris Crum notes in his WebProNews post:

“iSkoot has its own thing going. Research shows that mobile social networking is going to grow big time over the coming years, and iSkoot recognizes that.”

We can’t argue with that. In the meantime, we appreciate your recognition of, well, our recognition, and we promise more big news to come.