Friday, December 7, 2007

Edgeio Goes Under

Online classifieds provider Edgeio is set to shut down, according to co-founder, investor, and TechCrunch publisher Michael Arrington. According to Arrington, the firm made a decision last night to shut down the company, which had raised $5M in funding from Intel Capital and Transcosmos. According to Arrington, the firm had not met user and partner milestones.