Russell Dean Ministry

Now Entering Russ's World

FreedomPop is Moving Forward With New Funding

FreedomPop has just made a big step forward in providing worldwide mobile services. According to the story on Tech Crunch, the start-up business has raised an additional $30 million to go towards their funding. Stephen Stokols, the Chief Executive Officer and co-founder of the company, has said that they hope this funding will help to grow the company to become independent.

Stokols has said that FreedomPop has been approached by other companies who are looking to buy it out, however it said that they are not prepared to sell at this time. FreedomPop, who offer free text, data bundles, and voice calls to their users, are expecting to have around a million users in the United States by the end of this year. The company is also hoping to reach the status of a billion dollar company within the next 18 months.

Some of the funding that has been raised will go to building up FreedomPop’s customer service. Customers have experienced virtually no customer service so far, just dealing with the company online. However, Stokols says that they plan on changing that soon. He gave no details but said that they want their customer service workers to be ahead of the curve.

For the full story, click the link to check it out on Tech Crunch.

Leave a Reply

Your email address will not be published.