Up and coming Social Networking site Piczo is taking on MySpace pretty strongly by expanding it’s network into Germany, France and Spain. Piczo claims to have a user base of 25 million, with over 1.2 million unique users in Germany which is up six-fold since it’s September 2006 figures.
Earlier this year Piczo had raised $11 million series C round of funding, bring the total investment in the startup to $18 million till date. As for MySpace, the old social guard has already been making space for itself overseas by launching it’s platform in France, Germany, and plans to launch in China.