New Paris startup Jooce says they are targeting the “cybercafe generation” with their new Flash-based web operating system and sharing platform.
Jooce is most like Goowy, another Flash based web OS/desktop. But Jooce is different enough to merit a closer look. They says 500 million people a day log on to the Internet from a cybercafe, and they are the target of the Jooce product. They want access to core customized applications like instant messaging, storage, media player, email and widgets. Jooce offers all of that, and is also a private sharing network among friends.
Every user has their own private desktop for IM, email, storage, etc. But they also have another desktop that friends can access and grab shared files, or drop off a file that they want to share.
The company has raised an initial seed round of financing from Mangrove Capital Partners, one of the original investors in Skype. It is currently a closed platform, but they will be releasing an API in the near future.
Jooce enters a crowded space but is targeting a clear audience. Being backed by Mangrove doesn’t hurt either.
Israel-based G.ho.st, another web OS startup that recently launched, is taking a different approach from Jooce. They’ve built some basic applications to show off the platform but are counting on third parties to do most of the heavy lifting via their API.
Monday, August 27, 2007
France’s Jooce Enters WebOS Space
Exclusive: BlogMusik To Go Legit; Launches Free & Legal Music On Demand
Back in September last year Michael suggested everyone check out BlogMusik quickly before it was shut down. BlogMusik is a service born in France that lets you search for mp3 files on the web and listen to them in streaming mode for free. At the time the service was young and had no particular licensing agreements. A few months later, the SACEM, the organization in charge of collecting payments for artists’ rights sent them a cease and desist letter with a view to stop the service. A lot has happened since (beyond a rather nice site redesign and addition of sharing features).
BlogMusik will announce tomorrow that they came to an agreement with the SACEM, clearing the service of copyright infrigement accusations. The details of this agreement are not are not being disclosed, but other deals suggest it is based on a revenue sharing mode. BlogMusik’s business model is relying on advertising and affiliate revenue coming from the sales of songs on iTunes and Amazon. This agreement should cover BlogMusik for any music they host wherever the music is listened from. However they still have to come to an agreement with organizations representing majors and labels (Pandora had to face new webradio rates imposed by the RIAA). This is being taken care of according to the CEO of the company and new agreements should be announced soon.
All in all this is a good news for BlogMusik The company now has an opportunity to become a true free legal alternative to listen to music on the internet. Unlike Pandora this is a music on demand service where you choose the titles you want to listen to (although you have a smart playlist option to generate automatically radios out of a song or an artist).
BlogMusik.net will also change name and become Deezer.com. This is a good thing i had a hard time getting the UR/nameL right with this “k” in the middle (not mentionning the .net).
RadioBlogClub, another popular french service was forced a few months ago to change hosting provider following a complaint sent by the same SACEM. The service was interupted a few days and opened again as fresh as new. To date no official licensing agreement was made with the company.
Here are some of the most recent CrunchBoard job posts:
Peer to peer lending service Lending Club will close a $10.26 million series A round of financing from Norwest Venture Partners and Canaan Partners tomorrow. This comes a few months after the company’s $2 million angel round. Coinciding with the investment, Jeff Crowe and Dan Ciporin (former ceo of shopping.com) are joining Lending Club’s board of directors.
Similar to other P2P lending sites (Prosper, Zopa, Kiva), LendingClub matches borrowers and lenders. However, LendingClub doesn’t work through their own website, but solely through Facebook on the application they launched at the F8 platform launch conference. Borrows and lenders a linked up using their “LendingMatch” system, which recommends loans based on credit and their social relationships to each other. The idea being that trusted relationships make lending more likely and defaults less likely. The application currently has over 13,000 installs.
Unlike Prosper, interest rates aren’t determined through bidding, but calculated based on the borrowers credit score, debt to income ratio, and amount of the loan. There are no hidden fees, and the interest rate is fixed for three years. In July the service surpassed $500K in loans. They recently claimed a little more than 4 out of 5 loans get funded and haven’t reported any defaults or late payments.
It’s still the early days for this industry, and as TC commenters point out, it’s very much a case of Caveat Emptor.