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February 21, 2007
Garlik Looking To Raise More VC
An interview in The Guardian reveals that Garlik could be out looking to raise some more VC for an international push.
We came across the news (via Library House newsletter this week) in a long interview with Mike Harris.
Harris is one of the co-founders Garlik, the 3i and Doughty Hanson Technology Ventures-backed startup that aims to offer UK users "peace of mind" in the face of the threat of "online identity theft".
It has insights into the firm's founders, its culture -- heavy on the PR and corporate image -- and its freemium business model.
Garlik hopes some of the 40,000 people who have signed up for its free trial service will fork out up to £3 a month for a data check and trawl through personal details.
"... ambitions for Garlik include a possible US launch later this year. In the coming weeks, the company aims to raise more funding from its investors, the venture capitalists 3i and Doughty Hanson, who paid £3m for a 50% share."
Read - Once the Egg head - now Garlik is more to his taste (Guardian online)
Posted on February 21, 2007 07:49 AM | Posted to Web 2.0 | Permalink
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