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May 01, 2007

Mangrove Makes Another Web Investment

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Sister-site the alarm:clock reports that Mangrove Capital has seeded Luxembourg-based Jambaz, a developer of a stock picking game with cash prizes for making the best calls. It lets users create their own widgets with their picks.

The post also rounds up Web 2.0 dealmaking by Mangrove, which is best known for investing in Skype early. The European VC is backing a couple of other web wonders: such as San-Diego-based Brickfish, a platform for tuning or pimping existing brands in contests sponsored by the same brands (interesting business model), Piczo, online photo album generator, Quintura, search result innovator, and Properazzi, vacation rentals web site.

CEO is Roberto Bonanzinga who is a board adviser at Piczo and Germany-based Pageflakes and who has a telecom background.

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Read - Stock Pick Widget Maker Jambaz Launches/Gains Seed Funding (a:c)

Posted on May 1, 2007 05:53 AM | Posted to News And Updates | Permalink

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