2Venture: Dial 411 for $60 million

Jingle Networks has raised just over $60 million in a four rounds of financing to continue the growth of their 1-800-Free-411 service. They currently enjoy 3% market share of the 6 billion call market in the US.

Josh Kopelman must be smiling as this validates his business model of getting in early and growing value. The latest Series C round of $30 million was raised at a healthy $150 million valuation.

For more details see Michael Arrington’s coverage and podcast.

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