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Palringo Pulls In First Venture Capital Financing

Friday, January 25, 2008 6:05:00 AM PDT | VentureDeal Staff

REDWOOD CITY, CA -- Mobile company Palringo announced that it has received a series A round of funding, but did not disclose the amount.

Palringo provides a service that combines walkie-talkie style voice communication with real-time text chat and the ability to share pictures within the context of a discussion.  The service is compatible for both one-on-one and group conversations.

ePlanet Ventures made the investment, which the company says will be used to support the launch and roll-out of its new service.

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