Scratch Wireless Garners $5,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1434037d-500f-4cd5-970d-d869ef1c8f5e
Date
10/17/2013
Company Name
Scratch Wireless
Mailing Address
One Broadway 14th Floor Cambridge, MA 02142
Company Description
The company offers free, unlimited text messaging and internet and data usage, and up to 100 minutes per month of free domestic voice calls, via WiFi, according to the company’s website. The company offers Android phones which automatically find WiFi when available to reduce costs of mobile service.
Website
http://www.scratchwireless.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Scratch will be launching in Q4 2013 on the Motorola Photon Q, and will be expanding onto other Android devices in the future.
M&A Terms
Venture Investor
CommonAngels
Venture Investor
Undisclosed