First came Peer to peer ..then skype and now this…

SAN FRANCISCO, Feb. 5 — A telecommunications executive said on Sunday that he had received $21.7 million for what he called “a global network of shared Wi-Fi connections” from backers, including Google, the Internet phone service provider Skype, and the venture capital firms Sequoia Capital and Index Ventures.

The network is being created by a software venture called Fon, which was started by Martin Varsavsky in Madrid three months ago. The service permits subscribers to modify their own routers so that users of Wi-Fi wireless technology can connect to the Internet at many physical locations, in contrast to the limited range of access that is often available now.

http://www.nytimes.com/2006/02/06/technology/06mesh.html

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