Today 4INFO has announced that it has completed a $10 million Series D found of funding led by Gannet, Co. Inc. Since the carefree days of VC money flowing are a thing of the past, we’re certain 4INFO will put this funding to good use, and the company plans to use the money for product development and to expand its sales and distribution teams, while trying to grow into a profitable company.
“We’re proud to have the opportunity to build on our relationship with Gannett, a visionary company that is leading traditional media’s expansion into the mobile sphere,” said 4INFO CEO Zaw Thet. “Gannett’s support enables 4INFO to continue to advance our business of providing useful, timely information to consumers via their mobile phones and marketers with a unique way to reach an engaged mobile audience.”
As a provider of SMS based mobile search and alter services, 4INFO offers free access to real-time sports scores, 411, stock quotes, weather updates, horoscopes and other content. The SMS Publishing Platform allows print and online publishers to mobilize their content.