Foonz Raises $1 Million in First Round - Sudbury, MA

Foonz, a Boston-based startup that offers free telephone conferencing services, has raised $1 million from Morganthaler Ventures, according to a report in Private Equity Week. Foonz provides users a number to call and invite their friends to a group call. The friends get an invitation to join the group call either as a text message to their cell phone, an IM message, or an email message.

http://www.foonz.com