Hi there, thanks for your submission. We really like the simplicity of your abstract mark, though are looking for a square-edged font, rather than a round one. We also think a black font is going to work better with a colourful mark. Finally, we're looking for a web 2.0 styled logo, so we'd like to see some crisp rendering (ie, not just a gradient) .
Thanks again for the submission - if you can nail the changes, this idea may very well be in the running. :)