4INFO received $20 million in funding from Peacock Equity and Gannett. The mobile marketing network provides weather updates, sport scores and other information through text messages. 4INFO is able to provide these services through collaboration with Yahoo, InterActionCorp. and Gannett, among others.
4INFO’s service also includes small ads, and sees further improvement in business this year as mobile-message ads business went up 62% from last year (according to eMarketer).
(Thanks to Alexander Gordon for the update)
