Google, Skype back Wi-Fi startup
Google and eBay division Skype have invested in the Spanish start-up company FON, whose software turns home wireless routers into Wi-Fi hotspots for broadband sharing among a worldwide community of "foneros."
Google and Skype joined VCs Index Ventures and Sequoia Capital in a $21.7 million round led by Index, according to a statement released Sunday. The individual funding contributions of the investors were not disclosed.
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