Bellingham Angels invest in networkText
The Bellingham Angel Group, an angel investment network focusing on the Pacific Northwest, recently announced an investment in networkText.
netwroTExt is a Bellingham based company providing a service that allows users to send free texts to a group via their phones and their computers.
The amount of funding was undicslosed, but I got a chance to speak to their CEO and Founder, Derek Johnson. In regards to the round, he said
“we raised it to re-launch the website under it’s new name, Tatango. This website is much cleaner, easier to use and will incorporate many features that were missing with the original website. This website will go into private beta on July 15th. Last weekend alone we received over 1,000 beta invite requests. ”
networkText grew to over 15 million text messages since their launch in late 2007 and now have over 400,000 users. They are now currently looking to raise another angel round or go straight to VC’s.
Evan Bartlett :: Jul.09.2008
Angelwire, Investors, Northwest
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