Jingle Networks keys up $7.5M for directory assistance
Jingle Networks, the company that operates national telephone directory assistance (1-800-FREE-411), landed $7.5 million in a fourth round of funding, according to VentureWire. The Menlo Park, Calif. firm will add this sum to the $75 million in capital it previously raised from Goldman Sachs, Hearst, IDG Ventures, Liberty Associated Partners and Comcast Interactive Capital. First Round Capital joined for the recent round.
Jingle Networks operates through voice-recognition software that breaks down callers’ queries. It brings in revenue by playing a brief ad before providing an answer. It last raised capital in April amounting to $13 million.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.