Igglo closes $12m

I just read that Igglo has closed a $12m round from Benchmark and WPP in Finland.
Igglo has been written about elsewhere but it’s a pretty cool model–allowing you to bid on any house in Helsinki even if it isn’t listed for sale.
I suppose the next step for them is to cross the chasm (or at least the Baltic) because surely the Finnish market isn’t big enough to support that valuation.


One Comment

  1. Thomas
    Posted October 30, 2006 at 2:31 pm | Permalink

    Azeem, how will search engines embrace semantic contextual data, and increase relevancy of results? Will portals migrate from navigation to ontology, and what are the most likely technologies to succeed in this? ta

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