Europe’s Digg Killer Raises €4 million
With a €4 Million Series A financing, Luxembourg based Wikio increased leadership in Europe's user-generated news sector.
The company combines both editorial and consumer ranking services to provide a balanced, yet diverse information portal. However, Europe's numerous language barriers are slowing Wikio's rise to the status of U.S. counterparts Digg and Technorati.
Linking to media sites outside of Wikio's coverage is problematic without a built-in translation service, and prohibits the global view desired by users. Although Wikio...
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