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cross pond high tech
light views on high tech in both Europe and US
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Scooped by Philippe J DEWOST! Raises $2.6 Million & Appoints New Executive Raises $2.6 Million & Appoints New Executive | cross pond high tech |, a leading social curation publishing hub, today announced it has raised $2.6 million. Visited by more than 75 million people worldwide in just 18 months since its launch in 2011,'s success has led to the appointment of a new executive, Andrew Federici, as vice president of monetization to increase's growing base of paid customers. pivoted two and a half years ago from an application mobile technology called Goojet, which received the initial funding of a seed and partial Series A round. Altogether, Goojet and have raised $13.6 million including the recent addition of$2.6 million from Partech International, Elaia Partners, IXO Private Equity and Orkos Capital.


"Since launch 18 months ago, we have seen our user traction grow on our platform and freemium services," said co-founder and CEO, Guillaume Decugis. "We felt it was time to accelerate the delivery of value-added premium features to our paid users, and we hired Andrew Federici because of his expertise in product monetization and his impressive media background."

Philippe J DEWOST's insight:

A nice funding round for a nice startup with a very useful product !

Larry's comment, July 31, 2013 1:57 AM
2,6million$ ? What do they lack to make a profitable autonomous company ?
Rescooped by Philippe J DEWOST from pixels and pictures!

Why Quora Is Wikipedia's Worst Nightmare

Why Quora Is Wikipedia's Worst Nightmare | cross pond high tech |

If the buzz in Silicon Valley is to be believed, the decade-old compendium of common knowledge Wikipedia could very well be replaced in the near future by a startup run by ex-Facebookers.

Instead people will be visitingQuora, a San Francisco-based$400 million startup that's basically an extremely flexible and powerful question-and-answer site, because Quoradelivers new and relevant content in addition to having a giant database of information.

Here is why:

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