Mingleverse attracts seed funding from Yaletown Venture Partners

Mingleverse, a Vancouver startup hoping to challenge Skype for dominance of voice communication over the Internet, announced today that it has completed its seed financing round with Yaletown Venture Partners. This investment allows Mingleverse to remain its Canadian R&D status for tax purposes, as well as allowing for further development.

Mingleverse is still in beta, but it already has 160,000 users in 20,000 chat rooms. These browser-based chat rooms are capable of “3D” audio/visual chat, but can also function as a 2D chat room. Mingleverse says that they have an edge in performance, with their low bandwidth requirements, and in functionality, with their service working across PC, Mac, Netbook, 3G, 4G, Wi-Fi, Windows, iOS and Android platforms, and with multiple browsers.

For more information about Mingleverse, click here.