Voxer social networking app lands $30M from Intel, IVP
Voxer has raised more than $30 million in a new funding round led by Institutional Venture Partners and Intel Capital, with angels including SV Angel, CrunchFund, Chris Dixon and Roger McNamee also contributing. TechCrunch confirmed the round with Voxer, but the company declined to comment on reports that its valuation now stands at $180 million.
The free Voxer application, available for Apple's (NASDAQ:AAPL) iOS and Google's (NASDAQ:GOOG) Android, features push-to-talk walkie talkie capabilities as well as cross-platform group messaging and chat features. Users also can connect with their Facebook friends to share messages, photos and location updates. Voxer credits Facebook integration and word-of-mouth for the app's viral growth.
The Voxer service operates over both Wi-Fi and 3G networks; founder Tom Katis told TechCrunch that the number of unique monthly users is now in the "double-digit millions." Voxer will leverage the new funding to build out its infrastructure and hire additional engineers.