Vyng Raises Angel Funding Round From IAN
Vyng, a Los Angeles based technology startup raises angel funding from Sandeep Soni, an investor in Indian Angel Network (IAN). The funding will use the to expand its presence and expansion in Indian market.
Launched in 2017, Vyng boasts of around 500 million videos played across 170 countries.
The round led by IAN was part of a USD 3 million-dollar round, Vyng raised in 2017.
Paul Kats, Co-founder and CEO, Vyng said, "We are thrilled and excited to received the investment by such an amazing set of investors like IAN. We believe that their experience and knowledge would help us to boost our presence in the Indian market and worldwide".
He also added, "There are over eight billion phones calls on smartphones and 22 billion SMS notifications every single day. Our application can ...