EuroCrunch

A window on European internet & mobile startups and venture capital

Thursday, November 30, 2006

 

Major reorg at Skype

Om Malik reported that Skype is undergoing a major reorganization effort: 14 senior executive are leaving the company.

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Tuesday, November 28, 2006

 

WAYN raises $11M from Esprit Capital Partners

UK-based Where are you now (WAYN), a travel and lifestyle website with a social networking flavor to it, announced it raised $11M from Esprit Capital Partners.

The company experienced significant growth in the past 12 months leveraging on viral effects of its online community.

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Friday, November 24, 2006

 

Real Estate aggregator Igglo expands to the UK backed by Benchmark

Finnish real estate aggregator website Igglo announced a €12.5M investment from Benchmark Europe to expand its business to the UK.

Igglo will face competition from local players Nestoria, Zoomf, OnOneMap and Extate.

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Thursday, November 23, 2006

 

European companies financed by VCs in 2006

Paul Fisher, associate director at First Capital, posted a round-up on venture capital activity in european internet and media companies.
In particular he posted the list of all seed and round A investments so far, must read.

Companies mentioned so far:
Aggregator (IP TV), All Peers (private P2P file sharing), AutoQuake (sell cars online), Bebo (social networking), Daily Motion (online video), Eyeka (mobile video and image hosting), Fon (WiFi network), Igglo (real estate), last.fm (music recommendation and filter system), Mind Candy (gaming), MooPrint (custom printing), Netvibes (ajax desktop), Pageflake (ajax desktop), Quintura (visual search), Qype (local search and reviews), Skinkers (RSS), Soflow (enterprise networking), Spreadshirt (custom T-shirts), Stardoll (online community), Viagogo (online tickets), Wiggle (e-commerce), Yuuguu (enterprise collaboration).

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Helipad Online Notepad

Today I couldn't find a note I took on some of my paper notepads, so I thought how great it would be to have a web-based searchable taggable repository of notes.
So I went online and found out about Helipad, an online notepad service launched just 2 weeks ago by Helicoid, a two-person web company developing online applications.
It's very easy and fast to use. It has an open XML and JavaScript API for third-party developers to build extensions and plug-in. I am particularly interested in the Mac application that is coming out to write notes offline and sync them later with the online service.

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Pitch announces ad-supported mobile social software

Pitch launched a new mobile social networking site at uk.pitch.mobi providing free mobile content with an ad-based business model.

Company's press release.

Tuesday, November 21, 2006

 

Visual Search Quintura gets funded by Mangrove

Russia-based Quintura Visual Search Engine received an undisclosed amount of funding from Mangrove Capital Partners, an early investor in Skype, as well as ABRT Venture Fund, and the partners of OpenView Venture Partners of Boston.
See the company's blog entry.

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Blyk, free ad-supported mobile operator

Today MobileCrunch wrote about Blyk, a mobile operator that plans to launch in the UK in mid-2007. The company wants to extend the ad-based business model to mobile telephony, providing free service to young people. Blyk was founded Blyk was co-founded by CEO Pekka Ala-Pietilä, former president of Nokia Corporation, and Antti Öhrling, Chairman and CEO of Contra Group and can count on a high-flying team.
On the same line, two weeks ago I heard Eric Schmidt (Google CEO) proposing free ad-supported handsets at the Conference Roads to Innovation in Stanford.
How long is it going to take to get a free, Google-supported laptop?

 

Zamzar launches a web 2.0 file format conversion service

Scobleizer reported that a new web-based file format conversion service was launched at Zamzar.

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BoxUk launches ClickDensity

BoxUK launched ClickDensity, a JavaScript tool that monitors how users interact with your site. It provides reports of click activity as "heat maps".
The system is totally invisible to users and can be installed by pasting few lines of code in your webpage.
ClickDensity is available on a free trial for 30 days and after that on monthly plans ranging from £2.50 to £200, mostly differentiated by log size and concurrent projects (pricing details).

Sunday, November 19, 2006

 

Fewer, bigger deals in European VC investments

The quarterly European Venture Capital Report (pdf) released by VentureOne pegs venture capital investment in Europe at €2.97 billion for the first 9 months of 2006. Despite a slow third quarter, total investment for 2006 is expected to surpass 2005 figures. The deal flow is down 26% at 631 financings with a higher median size of €2.5 million.

 

Benchmark Europe raised €430M

Benchmark Capital announced it raised €430 million for its European fund. Their investment focus will be on capital-efficient open-source and web 2.0 companies (such as their portfolio company Bebo) as well as on later stage deals, especially in clean technology.

Coverage by Financial Times.

Friday, November 17, 2006

 

EuroCrunch launches

There's a lot of activity in Europe in the internet space, but it is usually reported in several fragmented news sources. So today I decided to start this blog, where I will keep track of new European internet companies and their contribution to the Net.
Feel free to tip me off on new services and websites via email.

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