YouMail Completes Funding Round

CrunchFund and the Tech Coast Angels ACE Fund have joined as investors in a recently completed funding round for YouMail, a provider of cloud-based, enhanced telecommunications services. This brings total investment raised by YouMail since 2007 to nearly $13 million. Headquartered in Irvine, Calif., YouMail is also backed by VantagePoint Capital Partners and Siemer Ventures.

PRESS RELEASE

YouMail announced today that the company’s Visual Voicemail Plus application for mobile devices has surpassed the three million organic downloads milestone, and can boast having had 75 million distinct callers interact with the company’s service at one point or another.

Additionally, CrunchFund and the Tech Coast Angels ACE Fund have joined as investors in a recently completed funding round for YouMail, Inc. (www.youmail.com) — a provider of cloud-based, enhanced telecommunications services. This brings total investment raised by YouMail since 2007 to nearly $13 million.

YouMail CEO Alex Quilici said the latest round of financing will allow the company to roll out several new, enhanced telecommunication services, and to both support and accelerate growth of Visual Voicemail Plus, the company’s flagship product. The funding will assist in leveraging the YouMail platform for growth of the user base, and aid in the rapid deployment of additional applications and services for significant market share growth in the enhanced telecommunications market.

YouMail’s Visual Voicemail application has numerous innovative and popular features, including:

- Visual Caller ID, which visually identifies most callers with an appropriate image (such as a Facebook photo) and name, even when they’re not in a user’s address book.
- Smart Greetings, which automatically greets callers by name, with little or no setup.
- Simple Sharing, which allows users to post interesting voicemails to Facebook and Twitter in just a few clicks, from anywhere.
- Any Device Access, which lets users pick up their mobile voicemail on phones, tablets, computers, or even through e-mail or txt messages.

YouMail currently supports smartphone applications for iPhone, BlackBerry and Android devices, as well as third-party applications developed for other mobile operating systems such as Windows Phone 7, Windows Phone 6.5 and WebOS.

“YouMail is the future of enhanced telecommunications services, like voicemail, where those services are moved out of the network and into the cloud, made social, optimized for smartphones, and sold direct to consumers using a freemium model,” Quilici said. “The increasing, completely organic growth in usage and reach of the YouMail Visual Voicemail application is proof that this vision is becoming a reality.”

Further details were not disclosed.

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About YouMail
YouMail, Inc., is the leading provider of cloud-based enhanced telecommunication services. YouMail’s completely free flagship Visual Voicemail Plus application offers a true multi-platform, unified and social voicemail experience for its users on BlackBerry, Android, iPhone, WebOS, Windows Phone 7 and Windows 6.5 platforms, and is being increasingly adopted by consumers and by carriers as either the default or recommended voicemail service. Founded in 2007 and headquartered in Irvine, Calif., YouMail is backed by VantagePoint Capital Partners, the Tech Coast Angels, the Tech Coast Angels ACE Fund, Siemer Ventures, and the CrunchFund.

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