Launch Notice
coComment announces company formation, investment by Swisscom AG and Netage Inc (Japan) and recruitment of senior team.
coComment, a leading internet application for comment tracking, has secured $1.5million in funding from Netage Inc of Japan and a significant co-investment from Swisscom AG of Switzerland.
coComment, which was launched in February 2006 as an exploration project by Swisscom’s R&D division – Swisscom Innovations, has grown rapidly in the intervening period and reached the point at which Netage and Swisscom have agreed to fund a commercial entity to take the technology forward.
coComment is delighted to announce that Matt Colebourne, latterly of LunarStorm and MIVA, joins the company as CEO and Christophe Lemoine, latterly of blue-infinity (a key technology partner in coComment’s development), joins the company as CTO.
Matt Colebourne commented “The comment and blogging space is the fastest growing part of the internet at present. As the massive growth of YouTube, MySpace, Flickr and others has shown, the nature of the internet is changing. It’s about the individual and the conversation around the content as much as the content itself. However, at present, it’s very hard sometimes to participate in that conversation; particularly when it extends across many sites. coComment is perfectly positioned to fulfil that need; we empower the user whilst keeping them on the sites in question.”
Christophe Lemoine continues “We’ve proven the value of coComment by achieving significant user growth simply by listening to what our users want from the technology and addressing those needs. That will continue but the rate of delivery will massively increase as we invest heavily in development.”
www.cocomment.com
About coComment
coComment is the leading provider of comment and blog access, aggregation and tracking technology. Integrating with all the major commenting and blogging platforms, coComment also offers site owners the facility to offer commenting around their content.
coComment, having secured funding, is now embarking on rapid growth and further development of the technology.
Forward-looking Statements
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties. Words or expressions such as “plan,” “intend,” “believe” or “expect’” or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including (1) our ability to successfully execute upon our corporate strategies, (2) our ability to develop and successfully market new products and services, (3) our ability to participate in the growth opportunities available in our market, (4) the ability of our products to generate revenue for our partners, (5) our ability to attract and retain qualified key personnel, and (6) the potential acceptance of new products in the market.
Contact Details
Matt Colebourne, CEO
+44 7717 416825
matt@cocomment.com
Marco Chong, Board Director
Marco.chong@swisscom.com
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