FreedomPop Secures Additional $50 million, Unveils Free Data in 25 Countries

FreedomPop Secures Additional $50 million, Unveils Free Data in 25 Countries

US-based MVNO start-up, FreedomPop has secured an additional of $50 million in funding, adding to its earlier rounds which brings its total funding to $109 million. The new funding will be used to fuel the continued growth of its disruptive free mobile service and accelerate its international expansion in markets in Europe, Asia and South America, which includes the launch of its new global data plan in Europe, said FreedomPop.

FreedomPop's global data plan aggregates cellular networks from across the world to give users a single seamless data connection for free when they travel abroad. It will initially give U.S. and U.K. users free global data in 25 countries including France, Germany, Italy, Spain and Switzerland. FreedomPop plans to expand its coverage to over 40 countries by year end.

Steven Sesar, FreedomPop COO and Co-Founder
This new financing not only validates our capabilities, but it also ensures that FreedomPop has the capital required to become a top 10 global service provider. 

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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