News Burst: Clickmango hopes fizzle

The ill-fated natural health Web site Clickmango.com, which was fronted by Joanna Lumley has announced it will close up shop 11 September.

The site was one of the many high-profile e-commerce startups that appeared at the height of the UK's Internet funding boom early this year, but it announced just three months after launch that it had failed to secure the funding to keep going.

Clickmango made the decision to shut down after failing to close a £300,000 round of funding at the end of July. It appeared for a time that the company might be saved by "white knight" investors, but the funding once more failed to come through.

The site will stop taking orders 11 September and will be taken down as of midnight that night.

More details to follow.

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