Conduit raises $8m for toolbar service

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Euro News: Conduit, an Israel-based provider of Web community toolbars, has raised $8m from Benchmark Capital to upgrade its offering. The service enables web publishers to create, promote and maintain a community toolbar, driving traffic to their site, without needing complex software. Some 140,000 publishers have joined the Conduit network worldwide, including Fox News, Lufthansa, Greenpeace, and TechCrunch.

  • Guy

    Why are you covering this story Mike. Or is Israel now part of the UK and Ireland? Ouriel based in Isreal who works for Techcrunch should start TC Israel and cover this news.

    In fact it would be good to see Arrington invest some of his vast sums of money on going TC and updating this out of date template. At the very least support for OpenID.

  • Mike Butcher

    @Guy – As a service to readers I consider it my brief to cover significant European-wide news. The UK and Ireland are integrally entwined with the rest of Europe, especially in a technology startup context. And funding news is always of interest to TCUK readers as it helps them understand the investment market better. Furthermore, the distributed nature of blogging means that anyone can cover anything at any moment. I’m sure Ouriel will make his own call for his readers. Lastly, in business news publishing the form of the news is secondary to the function. The current template is quite adequate for delivering information right now and of course will be updated as and when it makes sense. Since re-launch in Sept 2007 TCUK readership has gone up, not down, so clearly people are relatively unconcerned about the design and OpenID. However, thanks for your feedback.

  • John Handelaar

    This would be ‘Europe’ in the Eurovision Song Contest meaning of the word, then? :)

  • David Petherick

    I brokered one or two deals between Conduit and UK & European partners in 2006, so this is absolutely a relevant story to a UK tech audience.

    I look forward to seeing how they develop a family of syndication products and services, because their toolbars are awesome – even TechCrunch has one, I understand from the news item linked to.

    And, I fully expect to see such news covered at TechCrunch UK. If we follow @Guy’s logic (although that may be an oxymoron), we’d need a techcrunch near every mobile telephone mast. It’s the freaking internet, Guy.

  • Mike Butcher

    @John Handelaar – If you like, yes. If we just included countries in the formal EU we’d miss out on a lot of interesting news coming from places which are less than a couple of hours plane ride away. Israel is pretty close geographically and Israeli tech startups are renowned for their innovation, and – before anyone wants to get political about all this – they can cut across political and social lines more often than you’d think. For instance, the Israeli founders of use excellent developers who are based in Ramallah, on the Palestinian West Bank, and this is public knowledge. As I said before, I think it’s worth flagging up news like the above for TCUK readers.

  • Guy

    David I know it is the fricking internet but following your logic why have a TCUKI at all. covers most of the important US & International news e.g any big UK news is covered on as are other International stories.

    So why doesn’t Mike B just simply write on and close this uninvested web outpost down.

  • Mike Butcher

    @guy, thanks for your support.

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