T-Online Venture Fund - the investment arm of Deutsche Telekom - has joined JAJAH's US$20 million Series C investment.
JAJAH offers a Mobile Suite application that enables consumers to make free long-distance and global calls directly from their mobile phones. To use the service, you first need a JAJAH account, which is free and without obligation.
The process is simple: callers type in their own number (landline or mobile) at http://www.jajah.com/ , and insert their desired destination number. JAJAH then rings both parties on their actual phones. The company says its JAJAH Mobile Suite will allow virtually any mobile phone to make JAJAH calls easily.
T-Mobile is already in the process of embedding JAJAH into its own web properties and expects to offer consumer and business solutions based on JAJAH technology in the future.
"The communication landscape is rapidly evolving," said Andreas Kindt, Chairman of the Investment Committee of T-Online Venture Fund and Member of T-Com Management Board for IT. "By investing in companies like JAJAH, we will be able to continue to bring users around the world the innovative solutions they are looking for."http://www.jajah.com
- In May 2007, JAJAH, a start-up based in Mountain View, California, announced $20 million in Series C funding for its mobile calling service. Intel Capital was the lead investor (amount undisclosed) in the round. Additionally, a business agreement was made with Intel Corporation that includes business and marketing components. Intel will provide JAJAH access to their extensive community of product dealers, OEM customers and developers, to further their reach into global development communities.
- JAJAH was founded in 2005, and has offices in Mountain View, Calif., Tel Aviv and Luxembourg.
