Minglebox Gets $7M from Sequoia


Minglebox , the India-based social network for college campuses, raised $7 million in funding, backed by Sequoia Capital India. Minglebox started with a concept similar to facebook (though less elitist), and Ning , creating customized networks for people on college campuses. The goal is for each network to be a close knit community, working like a college intranet. As with many other social networking sites, you can share videos, music, blogs, photos and events with friends and the group at large.

Frengo Raises $5.7 Million Series A Round

Redwood City based Frengo , a mobile social networking startup targeting the growing SMS/ TXT market have completed Series A funding of $5.7 million. The founding round was led by Trilogy Equity Partners, a firm led by John Stanton, the former T-Mobile USA and Western Wireless Chief Executive, and completed by Khosla Ventures and Index Ventures, both of which provided capital in the initial round of $2.3 million for Frengo in December 2006.