Sunday, August 5, 2007

Big Business Opportunities For VCs

Vringo provides audio tones and video ring tones.
Ring tones are big business, the idea of video ring tones is interesting. As long as the Vringo software is installed you can send video clips along with your calls.

Apparently they have filed at least 15 patents. While video tones are not new even more competition must be right around the corner. Avatars, photos and greeting cards are also available.
They raised: Vring received $12 Million from Warburg Pincus.
more at:http://www.vringo.com/

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