SCHAUMBURG, Ill.-FastMobile announced it scored $4 million in first-round funding, enough to pay for the launch of its wireless instant messaging service in the United Kingdom and South Korea.
Leo Capital Holdings, BlueStar Ventures and Red Barn Investments led the financing.
FastMobile’s fastxt instant messaging service supports multiple, simultaneous group conversations as well as global interoperability, buddy lists with presence information and message storage, the company said. FastMobile will offer unlimited fastxt messaging with integrated text messaging capability in a variety of subscription-based packages.
The company said it will also use the funding to finance the final development and testing of its push-to-talk service, fastchat.
