X

SoloMio ups its second round by $6.5 million

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
SoloMio announced on Monday that it has raised an additional $6.5 million toward its second round of funding. Partech International and Koch Ventures contributed to the round, along with previous investors Austin Ventures and Techxas Ventures. The latest investment increases SoloMio's second round to $9.5 million.

The Austin, Texas-based company has raised a total of $19.5 million to date. Representatives from Partech and Koch will receive seats on the board. SoloMio develops software and services for mobile phone carriers. The company's Smart Call Services provide customers of mobile phone operators with additional choices for sending and receiving calls.