In December, news leaked that
former Microsoft exec Ray Ozzie had raised $4 million for a stealthy startup known as
Talko, previously known as Cocomo. Not much is known about the company's plans, but originally the speculation was that Talko is building cloud-based backend services. We're hearing now that a key component to the new service is actually a consumer-facing mobile communications app, however.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/hx4uhf45wLA/
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