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Sonopia Raises $12.7 Million In Second Round

Affinity-based MVNO service Sonopia has announced it has raised $12.7 million in its second round of funding led by Cardinal Venture Capital. “Previous investors Sevin Rosen Funds, ComVentures and some individuals also invested in this round. It has raised a total of $21.5 million,” reports VentureBeat. The company was founded by Juha Christensen (who founded Symbian, and was previously head of Macromedia’s mobile efforts) and aims to offer “plug-and-play” MVNO services to brands…target customers are non-profits, sports teams/leagues, universities, entertainment brands and even individuals and the company launched at the beginning of April with National Wildlife Federation (NWF Mobile); Long Island Ducks, a minor-league baseball team (Liducks Mobile); Omicron Delta Kappa (ODK), the national leadership honor society (Odk Mobile) and others.
Rafat interviewed Christensen, which is available here.

May 1, 2007 10:20 PM ET

Posted In: Money, M&A & Venture Capital, Companies

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