[CAnet - news] The relationship between Web 2.0 and Broadband last mile

For more information on this item please visit my blog at 
http://billstarnaud.blogspot.com/
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[Excerpts from Gigacom article -- BSA]

http://gigaom.com/2007/07/01/france-web20/

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.



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