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April 24, 2006
VCs Team Up For a Bite Of Garlik
3i and Doughty Hanson Technology Ventures have taken an early stage stake in garlik for an undisclosed amount of cash. The founders hail from Egg, one of the most successful online banks in Europe.
You may remember that some of the other Egg creators founded and launched Zopa, the eBay of personal loans, last year.
garlik is a consumer-oriented online service provider of a new kind. It is so new that we didn't quite understand what is on offer, even after reading the PR a couple of times. So we've decided to take another poke at the company at the end of May when a pilot programme is to go live. Full consumer launch is expected in the autumn 2006.
Garlik has a lot of the markings of newfangled web applications, what with the beta pre launch sign up page and its moniker. But the background color used reminds us of the FT's trademark salmon.
Posted on April 24, 2006 10:53 AM | Posted to Online services | Venture Capital | Permalink
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