Enflick Raises $1 Million In Seed Funding
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Enflick is a company that has developed the applications TextNow and PingChat. Enflick has raised $1 million in seed funding. Freestyle Capital was the lead investor in this round. Menlo Ventures Talent Fund, Troy Carter (Lady Gaga’s manager), and Scooter Braun (Justin Bieber’s manager) also participated in this round.
Enflick was co-founded by Derek Ting and Jon Lerner. Enflick has sent out over 300 million text messages through TextNow. PingChat and TextNow served over a billion impressions per month with 21.5 million users. Enflick is profitable and they plan on using the funds for future product development.