Wednesday, July 4, 2007
The relationship between Web 2.0 and Broadband last mile
[Excerpts from Gigacom article -- BSA]
And now the French Web 2.0 Wave
France leads Europe in its enthusiasm for Web 2.0 startups, an industry that has doubled in size across the continent since 2005. According to Dow Jones/Venture One data French start-ups raised close to $40 million in venture capital in 2006, accounting for 40% of the total dollars invested in the category across Europe last year ($101 million), and nearly double the money invested in British Web2.0 companies. What are the forces behind this French 2.0 wave?
The easily availability of super-speed connections has made video and essential part of French Internet life. France’s leading a video-sharing platform, known as Dailymotion, already gets 35 million unique visitors per month. Dailymotion is the #2 video site behind YouTube, with France making up a big component of its traffic. According to ComScore, French consumers spend a greater percent of their total hours online viewing streaming video (13%) than do consumers in the UK (10%), in Germany (9%) – or even the United States (6%)!
As successful as they’ve been in the consumer space, French startups are now busy taking Web2.0 plays into the enterprise: BlueKiwi, which just raised $5.4 million (€ 4 million) from Soffinova, specializes in Web2.0 software solutions (a mix of blogs, wikis and other social networking platforms) for big corporations such as Danone, Dassault and the French postal services.
at 11:10 AM