Kids MVNO Kajeet Gets $10 Million Funding

By Rafat Ali Jan. 10, 2008, 10:30pm Comments Off

Kajeet, the prepaid MVNO targeted at kids, has received $10 million in debt financing from Chicago-based BlueCrest Capital Finance. The company previously raised about $64 million in two rounds of venture funding since being founded in 2003.

The Bethesda, Md.-based company’s service and handset is retailed through Best Buy, Target, Toys “R” Us, Limited Too and Longs Drugs Stores, as well as through its website. More here.