Brief: Bango.net wins €2.8 million funding

Brief: Bango.net wins €2.8 million funding

Bango.net Limited, a UK company that helps businesses promote and charge for mobile content and services, has raised €2.8 million from Credit Lyonnais, Herald Ventures, Close Brothers and ETCapital.

The new funding comes shortly after Bango’s success in partnering with Vodafone for the launch last month of the wireless operator's m-pay bill service.

Over thirty portals and mobile operators currently use Bango technology to provide links to Web content and micropaymeny charging models via mobile technology.

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