Who invested in Fon

5 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Telecoms

Funding summaryUpdated 26 Oct 2026

$72Mraised across 5 rounds since 2006, from 5 sources

$22MSeries A$13MSeries B$9.5MSeries C$14MVenture$14MVenture

Latest round: Venture, $14MJan 2014
Biggest round: $22MSeries A · Feb 2006
Investors: 11

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20062008201020122014

$22MSeries A$13MSeries B$9.5MSeries C$14MVenture$14MVenture

First round: Series A, $22M
Biggest round: $22M
Usual gap between rounds: 2.8 years

The rounds

Jan 2014
Venture$14M1 new
- Qualcomm Ventures
From a historical funding record
Feb 2011
Venture$14M1 new
- Atomico
Reported by eu.techcrunch.com
Apr 2008
Series C$9.5M5 new1 returning
From a historical funding record
Mar 2007
Series B$13M3 returning
Reported by english.martinvarsavsky.net
Feb 2006
Series A$22M4 new
Reported by lightreading.com

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2006Series B2007Series C2008Venture2011Venture2014

Joi ItoMartin Varsavsky

CoralBritish Telecom

Everyone who backed them

GoogleAccelerator3rounds

Sequoia CapitalVC firm2rounds

Index VenturesVC firm2rounds

Qualcomm VenturesCorporate VC1round

AtomicoVC firm1round

Allen & CompanyWealth manager1round

Joi ItoAngel1round

Martin VarsavskyAngel1round

CoralFamily office1round

British TelecomVC firm1round

SkypeCorporate VC1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Fon as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.