We learn from Technaute that Praized, a Quebec web2.0 startup, just got an 1M$ investment from the canadian branch of Garage Technology Venture, the venture capital company behind Pandora. Knowing that Pandora is now unaccessible to canadians, lets hope the same will not happen to Praized... It should not be the case due to the type of application they are developping. Here is a quote from their website:
Praized Media is a startup company working on a web-based application that will enable you to find and discover local places and merchants with help from people you can trust. It's also a tool that will structure local conversations within blogs and a new platform for local search providers to generate leads from the untapped social media market.
For the moment, you have to sign up for an invite. I will try it and comment shortly! Moreover, we should have an idea of what its uses could be by looking at TreeHugger which, as reported by La Presse, is interested...
The guys behind this initiative are well known in the web2.0 arena. Harry Wakefield is MoCoLoco.com (Technorati top 1000) who was general manager at Groupe Pages Jaunes for the web version. Sébastien Provencher was also with GPJ. Quant à Sylvain Carle, on peut le lire sur Afroginthevalley.
You can also have a look at Praized's blog or subscribe to their feed to be kept up to date.