textPlus, a provider of free mobile communications worldwide, has raised $18 million in capital led by The Raine Group. Previous textPlus investors Kleiner Perkins Caufield Byers, Matrix Partners and GRP Partners have also joined in this fourth round of funding for the company. Proceeds will be used towards international expansion, product development and strategic acquisitions.
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Twitter Backer Insight Venture Partners Sees Great Potential in Former Street Performer Behind Zumba Exercise Craze
Reuters profiles Alberto Perez, who rose from street performer to co-founder of Zumba Fitness, a rapidly growing fitness empire that has attracted funding from Insight Venture Partners and The Raine Group.