Wikipedia
Nymgo (pronounced \ˈnim-ˌgo\) is a software application that makes calls from computers to landlines and mobile phones over the Internet through Voice over Internet Protocol (VoIP). Nymgo charges users for each minute of a call from credits that users have purchased through the application.
Nymgo's voice business model is unique in that it has a 100% paying customer base for its voice-only calling services, thus making it a type of competitor with other VoIP services such as Skype, Fring and Nimbuzz. However, its stated objective is to fill an under-represented niche. “Skype offers high quality but expensive services through SkypeOut, and others over low quality at affordable prices, but we fit the space in between”, explains Omar Onsi, CEO and Founder of Nymgo, of its ongoing competitive marketing strategy.
A subsidiary of UK-based Splendor Telecom, Nymgo launched in December 2008 as a SIP-enabled, international voice termination provider from fixed devices.
Omar Onsi noted in October 2010 that "since 2008, Nymgo has had 2 million downloads and all customers are paying. Last year 400 billion minutes were terminated all around the world. Nygmo [sic] goes after all international minutes and not just one group. We target ex-pat communities, travelers and others. End users are the biggest user group for us."
In October 2010, Intel Capital announced that Nymgo would be one of the three companies receiving a Series A investment round from its $50 million start-up fund.