Industry News

Listings portal gets $5 million in funding

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Edgeio, a service for online classified listings that launched this year, has raised $5 million in financing led by Intel Capital, the company announced last week. Since launching in March 2006, edgeio says it has amassed more than 100 million listings from 14,000 cities across the globe. The listings aggregator collects Web listings in various categories, including homes, jobs and cars, and also sends traffic back to the original publishers. Edgeio constantly monitors RSS-enabled Web sites and pulls any item tagged "listing" and publishes the listing on the edgeio Web site and network. RSS, which stands for "Really Simple Syndication," is an XML-based protocol that allows for the automatic distribution of Internet content. Many news-related sites, blogs and other online publishers syndicate their content as an RSS feed. A Realtor, for instance, could go to and enter some of his or her for-sale home listings, or the Realtor could enable an RSS feed from his or her Web site...