iSkoot has secured $7 million in Series B financing. iSkoot has become the leader in mobile VoIP solutions, recently working in close partnership with Skype to enable The 3 Group to become the first mobile operator to bring Skype-enabled mobile phones to consumers. iSkoot software was pre-loaded onto Nokia and Sony Ericsson handsets used by The 3 Group to launch the industry's first mobile Skype service.

iSkoot Founder and CEO Jacob Guedalia said, "This investment from Charles River Ventures and our returning investors validates iSkoot's vision and execution. We look at Skype as a company that showed the world a new way of calling. We would like iSkoot to be known as the company that brought Internet calling to all mobile phones. We will continue to work with mobile operators and handset manufacturers to bring more mobile phone models to market preloaded with iSkoot software to enable ubiquitous mobile-to-PC calling. By embedding iSkoot in their handsets, mobile operators can satisfy user demand for Skype and expand average revenue per user, a clear win-win situation."