topics

Distributed Classifieds Service Edgeio Receives $5 Million

Edgeio, a distributed online classifieds aggregation service, has received $5 million in its first round of venture funding…The round was led by Intel Capital and included an investment from Transcosmos.  Edgeio works by letting people posts their classifieds on any site and tagging their classified listings with the word “listing”....Edgeio then goes out to find it and lists it at its own site automatically.
Also, in a boost for the firm, some of big players—eBay, Cafepress, and Amazon—are agreeing to play along and are sending their listings to Edgeio to make sure they are included there (only excerpts). It will get paid a referral fee if the traffic it redirects back to those sites’ classifieds ends up in a sale.

Oct 25, 2006 9:27 AM ET

Posted In: Money

Leave a Comment

Comments (1)

Oct 27, 2006 1:28 AM

Thanks Rafat

There are some cool new things coming in November. We should talk. I think you might want to be a customer for one of them.

Keith Teare
ceo/edgeio
skype: kteare

Keith Teare

Leave a Comment

Commenting is now closed for this article.

The Economics of Content | paidContent Newsletter

Know something we don’t?

Send Us a News Tip

All tips are anonymous and untraced.

Sponsors

Contributors