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  &lt;p&gt;As with &lt;a href="http://digg.com/"&gt;Digg,&lt;/a&gt; Wikio allows its users to add and rate stories, though an editorial team also submits and rates stories, and the rankings are a balance between the two. &lt;em&gt;Though &lt;/em&gt;&lt;a href="/blog/569-digg-uses-moderators-as-users-fail-to-police"&gt;&lt;em&gt;whether Digg has moderators or not&lt;/em&gt;&lt;/a&gt;&lt;em&gt; is another matter...&lt;/em&gt;&lt;/p&gt;
  &lt;p&gt;Wikio founder Pierre Chappaz believes that Europe needs its own version of Digg:&lt;/p&gt;
  &lt;blockquote&gt;
    &lt;p&gt;
      &lt;em&gt;&#8220;Europe is very different than the U.S. In the U.S., you have a large diversity of information services but in Europe, we only have Google News and to a certain extent, Yahoo News.&#8221;&lt;/em&gt;
    &lt;/p&gt;
  &lt;/blockquote&gt;
  &lt;p&gt;Wikio claims to cover more news sources than &lt;a href="http://news.google.co.uk/news?promo=houseads"&gt;Google News&lt;/a&gt;, and information is defined by categories and a series of tags. It has also integrated some nifty Web 2.0 features which allow the user to improve the relevancy of their search results and personalise their home page. &lt;/p&gt;
  &lt;p&gt;Language issues may prevent Wikio becoming a truly pan-European service &#8211; you can search each country for news, but you can&#8217;t search for activity across the sites. Also, Wikio has a different algorithm for ranking each country&#8217;s news sources. &lt;/p&gt;
  &lt;p&gt;Wikio intends to use this funding round to finance the company&#8217;s global expansion, which will include a UK version of the site, and further European versions. &lt;/p&gt;
  &lt;p&gt;The company was founded by two French entrepreneurs. Laurent Binard, who had previously founded the content management company &lt;a href="http://www.mediapps.com/default_en/defaultpage.jsp?idtab=28125"&gt;Mediapps&lt;/a&gt;, and&#160; Pierre Chappaz, who also founded the&lt;a href="http://www.kelkoo.co.uk/"&gt; Kelkoo&lt;/a&gt; search engine, which was sold to Yahoo for $475 million (&#163;240m) in 2004.&lt;/p&gt;
  &lt;p&gt;
    &lt;strong&gt;Further Reading:&lt;br /&gt;&lt;/strong&gt;
    &lt;a href="/blog/521-are-social-news-sites-like-digg-better-than-google-news"&gt;Are social news sites like Digg 'better' than Google News?&lt;/a&gt;
  &lt;/p&gt;
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  &lt;Paragraph&gt;As with &lt;Link URL="http://digg.com/" Window="New"&gt;Digg,&lt;/Link&gt; Wikio allows its users to add and rate stories, though an editorial team also submits and rates stories, and the rankings are a balance between the two. &lt;Quote&gt;Though &lt;/Quote&gt;&lt;Link URL="/blog/569-digg-uses-moderators-as-users-fail-to-police" Window="New"&gt;&lt;Quote&gt;whether Digg has moderators or not&lt;/Quote&gt;&lt;/Link&gt;&lt;Quote&gt; is another matter...&lt;/Quote&gt;&lt;/Paragraph&gt;
  &lt;Paragraph&gt;Wikio founder Pierre Chappaz believes that Europe needs its own version of Digg:&lt;/Paragraph&gt;
  &lt;Block&gt;
    &lt;Paragraph&gt;
      &lt;Quote&gt;&#8220;Europe is very different than the U.S. In the U.S., you have a large diversity of information services but in Europe, we only have Google News and to a certain extent, Yahoo News.&#8221;&lt;/Quote&gt;
    &lt;/Paragraph&gt;
  &lt;/Block&gt;
  &lt;Paragraph&gt;Wikio claims to cover more news sources than &lt;Link URL="http://news.google.co.uk/news?promo=houseads" Window="New"&gt;Google News&lt;/Link&gt;, and information is defined by categories and a series of tags. It has also integrated some nifty Web 2.0 features which allow the user to improve the relevancy of their search results and personalise their home page. &lt;/Paragraph&gt;
  &lt;Paragraph&gt;Language issues may prevent Wikio becoming a truly pan-European service &#8211; you can search each country for news, but you can&#8217;t search for activity across the sites. Also, Wikio has a different algorithm for ranking each country&#8217;s news sources. &lt;/Paragraph&gt;
  &lt;Paragraph&gt;Wikio intends to use this funding round to finance the company&#8217;s global expansion, which will include a UK version of the site, and further European versions. &lt;/Paragraph&gt;
  &lt;Paragraph&gt;The company was founded by two French entrepreneurs. Laurent Binard, who had previously founded the content management company &lt;Link URL="http://www.mediapps.com/default_en/defaultpage.jsp?idtab=28125" Window="New"&gt;Mediapps&lt;/Link&gt;, and&#160; Pierre Chappaz, who also founded the&lt;Link URL="http://www.kelkoo.co.uk/" Window="New"&gt; Kelkoo&lt;/Link&gt; search engine, which was sold to Yahoo for $475 million (&#163;240m) in 2004.&lt;/Paragraph&gt;
  &lt;Paragraph&gt;
    &lt;Emphasis&gt;Further Reading:&lt;LineBreak /&gt;&lt;/Emphasis&gt;
    &lt;Link URL="/blog/521-are-social-news-sites-like-digg-better-than-google-news" Window="New"&gt;Are social news sites like Digg 'better' than Google News?&lt;/Link&gt;
  &lt;/Paragraph&gt;
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  <created-at type="datetime">2007-01-25T10:27:00+00:00</created-at>
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  &lt;p&gt;
    &lt;strong&gt;Wikio, a European social bookmarking site, has received almost &#163;2.7 million in a Series A round of funding led by Lightspeed venture Partners and Gemini Israel Funds. &lt;/strong&gt;
  &lt;/p&gt;
  &lt;p&gt;
    &lt;a href="http://www.wikio.com/"&gt;Wikio &lt;/a&gt;originally launched in France and Italy in June 2006, and claims to have had almost a million unique visitors per month since then. The company has since launched its site in Germany, Spain and the US, with a UK version planned for this year.&lt;/p&gt;
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    &lt;Emphasis&gt;Wikio, a European social bookmarking site, has received almost &#163;2.7 million in a Series A round of funding led by Lightspeed venture Partners and Gemini Israel Funds. &lt;/Emphasis&gt;
  &lt;/Paragraph&gt;
  &lt;Paragraph&gt;
    &lt;Link URL="http://www.wikio.com/" Window="New"&gt;Wikio &lt;/Link&gt;originally launched in France and Italy in June 2006, and claims to have had almost a million unique visitors per month since then. The company has since launched its site in Germany, Spain and the US, with a UK version planned for this year.&lt;/Paragraph&gt;
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  <learn-more-formatted>&lt;p&gt;For background on online PR and social media more generally, It's worth reading our (free to registered users) &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/online-pr-and-social-media-trends-briefing"&gt;Social Media Trends Briefing&lt;/a&gt;&lt;/strong&gt; (June 2009). Econsultancy has also published &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/social-media-and-online-pr-digital-marketing-template-files"&gt;Social Media and Online PR Template Files&lt;/a&gt;&lt;/strong&gt;, which you can adapt and use for your own projects. For innovation in this space, download our &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/innovation-report"&gt;Innovation Report&lt;/a&gt;&lt;/strong&gt;.&lt;/p&gt;</learn-more-formatted>
  <learn-more-unformatted>&lt;p&gt;For background on online PR and social media more generally, It's worth reading our (free to registered users) &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/online-pr-and-social-media-trends-briefing"&gt;Social Media Trends Briefing&lt;/a&gt;&lt;/strong&gt; (June 2009). Econsultancy has also published &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/social-media-and-online-pr-digital-marketing-template-files"&gt;Social Media and Online PR Template Files&lt;/a&gt;&lt;/strong&gt;, which you can adapt and use for your own projects. For innovation in this space, download our &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/innovation-report"&gt;Innovation Report&lt;/a&gt;&lt;/strong&gt;.&lt;/p&gt;</learn-more-unformatted>
  <legacy-article-id type="integer">362541</legacy-article-id>
  <name>Wikio raises &#163;2.7 million in VC funding</name>
  <private type="boolean">false</private>
  <published-at type="datetime">2007-01-25T13:37:00+00:00</published-at>
  <slug>wikio-raises-2-7-million-in-vc-funding-3</slug>
  <tweetbacks-updated-at type="datetime">2009-04-30T04:41:21+01:00</tweetbacks-updated-at>
  <unpublished-at type="datetime" nil="true"></unpublished-at>
  <updated-at type="datetime">2009-10-13T08:50:48+01:00</updated-at>
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