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June 25, 2007
Sofinnova Funds BlueKiwi To Make Blogs Safe For Big Business
French startup BlueKiwi has hit the ground running with its SaaS blogging and Intranet platform for businesses. A push from the Microsoft Ideas program in France didn't hurt either.
We first heard about it via Altaide blog (whose author runs an online job search company) a few weeks ago and in the meantime the same source says that BlueKiwi has raised €4M from Sofinnova.
It may be the first time we've used the Intranet term in relation to a startup for several years - BlueKiwi probably uses a different term but all its documentation is in French and ours isn't good enough to pick out the buzzwords. The single language support is probably going to change now that Sofinnova has forked over some new capital.
We hear the startup has signed up a few large-sized enterprises in France for the kind of renewable subscription fees that would make any ISV pretty happy.
The driver on the buy side is that management at these large companies noticed that employees were using just any old blog, wiki, or other social software application that they found on the Internet. Now they pay BlueKiwi to deliver the applications.
BlueWiki is onto something. If you've ever worked inside a large or medium sized business you will know the pressure there is for employees to use company standard applications. It's frustrating as hell and can lead to some jumbo-sized resentments - but "that is how it is in the industry" - as one of our mentors used to repeatedly inform us in an endearing little shriek.
Read BlueKiwi Scoop
Posted on June 25, 2007 06:52 PM | Posted to News And Updates | Permalink
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