Europe's Digg Killer Raises 4 million

Luxembourg-based Wikio, Europe’s best hope against Digg, Google News and Technorati (it is sort of a mashup of all three), has closed a €4 million ($5.3 million) Series A round of financing. This follows a previous angel round of financing of an undisclosed size (investors in that round included as Loic Le Meur, Martin Varsavsky, […]

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Luxembourg-based Wikio, Europe’s best hope against Digg, Google News and Technorati (it is sort of a mashup of all three), has closed a €4 million ($5.3 million) Series A round of financing. This follows a previous angel round of financing of an undisclosed size (investors in that round included as Loic Le Meur, Martin Varsavsky, Freddy Mini, Ouriel Ohayon, and Jeff Clavier). The financing round was led by Lightspeed Venture Partners along with Gemini Israel Funds.

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Deepak Gupta is a IT & Web Consultant. He is the founder and CEO of diTii.com & DIT Technologies, where he’s engaged in providing Technology Consultancy, Design and Development of Desktop, Web and Mobile applications using various tools and softwares. Sign-up for the Email for daily updates. Google+ Profile.