Lohud.com (a site we follow frequently!) is reporting that Portaga has filed for bankruptcy and will liquidate.
http://lohud.com/article/20090123/BUSINESS01/901230321/-1/SPORTS
Portaga has been around for several years and has previously raised money from First Round Capital and Ascend Venture Group among others - $5.8M as recently as the end of 2006.
Portaga was an interesting way to link travel and outlook but we have always thought Portaga was an interesting feature, but probably not a stand-alone business in and of itself.
Lets hope this isn't a harbinger for travel 2.0 start-ups in 2009.
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