Digital music startup Jamendo runs out of steam, mulls sale, aggregated from TechCrunch Europe
European Startups Jan 07 10Jamendo, a community of free, legal music published with Creative Commons licenses, is actively looking to sell to or merge with another company, TechCrunch Europe has learned. Jamendo CEO Laurent Kratz has confirmed rumors that had made their way to Twitter earlier this week. The reason is fairly simple: Jamendo is running out of money after failing to raise a follow-up round of venture capital. The startup was looking to raise 1.5 million euros (roughly $2.15 million) after securing a 'significant amount' in Series A funding back in June 2007. The company failed to come to an agreement with Mangrove Capital Partners, its original backer, and a potential new investor. Full story...
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Nomao iPhone app brings Augmented Reality to its local search engine, aggregated from TechCrunch Europe
European Startups Jan 08 10[France] Nomao defines itself as a personnalized search engine. It helps you to find places, based on what you like or what you Facebook friends like and where you are.
Microsoft, HP and the “Slate PC”, aggregated from Nimbuzz
European Startups Jan 08 10At CES, Steve Ballmer presented a tablet built by Hewlett Packard and powered by the Windows 7 O.S.
Combining Research And Business Into An Innovative Start-Up, aggregated from ArcticStartup
European Startups Jan 08 10Absolicon Solar Concentrator Ab from Sweden is a company which was born out of research conducted by the Royal Institute of Technology and various other universities and grew into a well funded business.
Facebook surpasses 100M visitors in US, aggregated from Nimbuzz
European Startups Jan 08 10Going through my RSS reader today, I discovered that Facebook surpassed the 100 million visitors milestone in the US.
Rightware Buys Futuremark’s Mobile Unit And Closes A €3m Investment, aggregated from ArcticStartup
European Startups Jan 08 10Finnish startup Rightware acquires Futuremark’s mobile and embedded business unit.
Rightware is really a spin-off from Futuremark that was just founded at the end of 2009.
How should we use Twitter at tech events?, aggregated from Carsonified
European Startups Jan 07 10By Keir WhitakerEditors note: Interested in web apps? Join us in Florida for Future of Web Apps Miami 2010.
Findababysitter.com raises more money for expansion, aggregated from TechCrunch Europe
European Startups Jan 07 10Well, who knew. It turns out trying to hire a baby sitter is actually a pretty competitive space online.
Greek seed level OpenFund announces first winners, applications open again, aggregated from TechCrunch Europe
European Startups Jan 07 10OpenFund, an Athens-based seed level Venture Firm, has announced the first bunch of startups selected for funding.
UK’s Next Generation Fund to invest £1 billion in “super-fast broadband”, aggregated from TechCrunch Europe
European Startups Jan 07 10[UK] The UK government today announced that its Next Generation Fund will invest £1 billion to help bring "super-fast broadband" to 90% of the country by 2017, particularly rural households and businesses who might otherwise be left out of so-called Digital Britain.
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