Frengo Raises Series B

Frengo Corp., a Redwood City, Calif.-based mobile social networking startup, has raised $5.7 million in Series B funding, according to TechCrunch. Trilogy Equity Partners led the deal, and was joined by return backers Khosla Ventures and Index Ventures. It had raised $2.3 million in Series A funding last August. www.frengo.com.