Wikio Raises Funding
The Luxembourg-based Wikio has secured funding for €4 million ($5.3 million).
Wikio is like Digg + Google News + Technorati, still in its early phases but promises to lead the way in European Web 2.0 search technologies.
Wikio, launched in France last June, and currently operating sites in France, United States, Germany, Italy and Spain, is the first European blog and media search engine. To date, Wikio’s fast growing audience has reached nearly one million monthly unique users.
The new round of financing will enable Wikio to expand globally, and deliver the most innovative and customizable information service on the web. Aggressive investment in R&D and operations will enhance product development and accelerate the company’s already rapid growth. The launch of the Wikio UK site is planned for the second quarter of 2007, followed by additional European and American sites. [business wire]
The site is definitely still a baby. I love that it combines semantic search with good personalization features. The categorization is easy to understand and navigate, and the interface clean. I’d even hesitate to say it has some functionality up on Digg, though others might contradict. What it doesn’t have, yet, is the user base that makes Digg or Google News or Technorati what they are.

Via TechCrunch
Tags: blog, blog-search, digg, google-news, luxembourg, rss-marketing, search, technorati, vc, vc-funding, web-2.0, wikio

