A closer look at Milo.com
Well I was a little saddened to see that NearbyNow, a company that I had looked at in some detail last spring seems to have ceased operations of their web shopping portal, and now like many others seem to be going the route of providing a platform for others, mostly magazines, to develop their own retail shopping iPhone applications. Be sure to check out the Practical E -commerce Q&A for a quick run down of what happened with Nearby Now.
But don’t fear, where one company is exiting, there is always another entering. And the latest hot entrant in the area of local product search seems to be a company called milo.com. The company just announced that it had raised $4 million in a substantially over subscribed round which included some big name VC firms and private investors.
So what is all the fuss about? Well, in case you weren’t aware e-commerce was so late 90’s… Read more
