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March 28, 2007
French VC Backs UK's Webjam
We just heard from Webjam that it raised £1M from iSource Gestion, a French venture capital firm. The founding team, former employees of Yahoo, are British, Spanish and French and based in London.
The round was raised shortly after launching a public beta on February 1st, wrote Sonia Kalfon in an email to alarm:clock euro. She is Product Marketing Manager at Webjam.
Kalfon and co-founder Alberto Barreiro and Chief Product Officer.
Kalfon said that iSource's recent float of geneology site, notrefamille.com [on Alternext the junior Euronext market], is what clinched the deal from the founders' point of view.
It's a nice looking and responsive website - tightly designed too. And while some Web oriented writers have called it "Myspace plus Netvibes on Steriods", we cannot help but wonder if the the world really need another blogging, photo, chat, and event publishing platform? Time will tell.
View Webjam blog
Posted on March 28, 2007 06:32 PM | Posted to News And Updates | Permalink
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