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APR 18, 2013 - Business Insider

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Google's Venture Arm Is Backing A Rival To Whatsapp, The Messaging Startup Rumored To Be Worth $1 Billion

SAN FRANCISCO (Reuters) - The crowded, fragmented mobile messaging app market, one of the hottest sectors in Silicon Valley, just got more crowded. Keith Teare, a veteran Valley entrepreneur, on Wednesday launched just.me, a service that claims to combine email, multimedia messaging and cloud storage in a single iPhone app. The startup, backed by Google Inc's venture arm and True Ventures, is the latest entrant among a wave of applications, including Whatsapp, Kik, and Tencent Holdings Ltd's Wechat, that is viewed by industry insiders as having the potential to undermine Facebook Inc's ... Read More

Tags: Google's Venture Arm Is Backing A Rival To Whatsapp, The Messaging Startup Rumored To Be Worth $1 Billion,  Whatsapp Latest News