Web 2.0 News

Accoona Files for IPO
Internet company Accoona Corp. filed Friday for an initial public offering of its common stock. The Jersey City, N.J.-based company said it expects to use proceeds from the offering for research and development, business expansion and general corporate purposes. Accoona may also use a portion of the proceeds to acquire or invest in complementary companies and technologies.

Source: http://www.forbes.com/feeds/ap/2007/08/03/ap3986140.html