A platform for extending the Web: an end-user installs it
and a developer uses its features through a small JavaScript library. Some
of the features that exist in the platform today include:
Skyfire, the mobile web browser that
allows users to experience the web as they would on a PC, has secured $13
Million in Series B Funding. The application has a waiting list that amounts to
the publicity Gmail received with its invite system. Here's a closer look at a
next generation web browser that users should look forward to.
Funding Investors The new funding round takes Skyfire's total raise to date up to $17.8m.
Currently in private beta for Windows Mobile, Skyfire will use the funding to
expand their browser to even more people on more platforms. The funding was led
by Lightspeed Venture Partners, and included previous investors Matrix Partners
and Trinity Ventures. The funds will be used towards further rollout and
distribution of the mobile browser and will add Jake Seid, Managing Director of
Lightspeed, to its Board of Directors.
A new article by the Financial Times claims the Web 2.0 movement is changing behavior but not making money.
The FT says online entrepreneurs have "produced little in the way of revenue" despite the progress made in content and interactivity. It quotes an executive at tech investor Battery Ventures as saying there is going to be "a big shake-up out here in the next year or two," with many of the Web 2.0 start-ups vanishing off the map altogether.
The article does make a mention of Twitter, saying while it has yet to make significant money, its devoted userbase and strong positive response both show signs of potential down the road.
Its ending assessment is also one of optimism, saying the changes brought about by 2.0 are long-lasting and the dollar signs may just be slow-coming.
"The capabilities that are coming with Web 2.0 are very profound," Thomson Reuters exec Devin Wenig told FT. "The Valley is usually right, and it's usually early."
Yahoo! has released a
