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June 01, 2006
Benchmark Europe Backs Netvibes Rival
Benchmark Europe is showing no hesitation to back clones of popular Web 2.0 applications. Last week it announced an investment in Bebo, a MySpace wannabe, and this week it's the web "homepage" firm Pageflakes, which is pretty close in look and functionality to Netvibes, based in France.
The undisclosed amount of capital will be used to accelerate the technology platform and product development.
Pageflakes, which is based in Germany, has to catch up to Netvibes, at least according to the Alexa sample.
Read - Pageflakes Secures (press release)
Posted on June 1, 2006 11:21 AM | Posted to News And Updates | Venture Capital | Web 2.0 | Permalink
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