FON Wireless Ltd. announced that it has received €10.3 million in a round of funding led by new investor, QUALCOMM Ventures on January 20, 2014. The round included participation from existing investors, Coral Group, Deutsche Telekom AG, Index Ventures, Google Inc., and Atomico Investment Holdings Limited. The company has received $72 million (€53.16 million) in funding since its foundation in 2006. The conversion was made through www.oanda.com on January 20, 2014.

On January 20, 2014, FON Wireless Ltd. closed the transaction.