Yallo, a Tel Aviv, Israel-based B2C communications provider, raised $4m in Series A funding.
The round was led by Carmel Ventures. In conjunction with the funding, Shlomo Dovrat, a co-founder and general partner at Carmel, joined Yallo’s board of directors.
The company will ue the funds to expand operations.
Founded in 2012 by Tal Elyashiv and Yosi Taguri, Yallo provides a B2C communications platform that allows users to record, search and replay calls, reach people even when they are on another call, tag calls, own multiple numbers, never lose a call when they are temporarily out of reception, receive calls on devices of their choice, etc.
The company currently has 15 employees at its headquarters in Tel Aviv, Israel.