« Paris' Eco-Carbone Closes EUR2.1M For Carbon Offset | Main | Czechoslovakian Brothers: NetCentrum Pays €20M For Atlas.sk »
March 05, 2008
AllPeers RIP
UK-based AllPeers has been turned off by its investors. The company had raised a round of funding in early 2006 from Index Ventures and Mangrove Capital Partners. Allpeers is an Firefox extension dedicated to the private sharing of webpages and files of any size.
AllPeers has a trophy case worth of awards:
CNET: Winner Webware 100.
PCWorld: Best file-sharing freeware.
WiredNews: Best Firefox Add-On.
ComputerWorld: Best new Firefox Add-On
The startup was founded by CEO Cedric Maloux who was VP European Operations at PlanetOut. He explains that "We have not achieved the kind of growth in our user base that our investors were expecting, and as a result we are not able to continue operating the service."
It's surprised us that Allpeers was just shut down. It seems that given the connections of their investors they should have found someone to at least employ the staff and to provide a stock deal to land the software. At the very least we would think that the founders could keep the site afloat while working on new projects. Odd.
Read - final blog post
Posted on March 5, 2008 11:40 PM | Posted to Web 2.0 | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/6868
