Yes it is inspired by WEB 2.0 and 'Skype' - but you don't sell Internet phone solutions, so I figured that there would be no problem with customers getting confused or immaterial rights.
Anyhow, I left a little space down to the right for a 'Rights' symbol if you register the name. (Maybe is already?)
I selected a more heavy 'rain-water' dark blue than the commonly used 'baby-blue' so it is strong when presented on a small surface, like a bicycle frame.
I actually bought one of these in LA in the late 70's - chrome with metallic blue rim and white/light blue saddle. It still looks good, even though the saddle needs to be fixed. But they're hard to ride! ;-)
A thing to maybe think about: When making 'grunge styles' in Adobe Illustrator or any other vector program, the background image that makes the grunge pattern has to be vectorized, not bitmapped (turned into lines instead of pixels). If that is not done - any major enlargement will look slightly to extremely pixeled.