Monday, January 14, 2008

Kadoink Raises $7M In First Round

San Francisco-based Kadoink, which provides web-based telephone services for social media sites, said today that it has closed on $7M of series A funding. The round came from Sutter Hill Ventures. Andy Sheehan of Sutter Hill has joined the firm's board of directors as part of the funding. Kadoink provides services which allows web sites to add SMS, voice messaging, and other services to its users; the firm couns Bebo, Adidas, and Zomba Records as customers. More information »