NewsGator Gets $10 Million for RSS Reader, Widget Services

Authored by Mark Hefflinger on January 12, 2009 - 12:34pm.

Denver - NewsGator Technologies, a provider of social networking and widget services, as well as RSS feed aggregators, announced on Monday that it has closed a new $10 million round of funding.

Previous investors Masthead Venture Partners, Mobius Venture Capital and Vista Ventures participated in the round.

Denver-based NewsGator provides its services to customers including CBS, CNN, Discovery, National Geographic and USA Today.

The company said it experienced its two most successful quarters in the second half of 2008, with fourth-quarter revenue setting a record.

 

Related Links:
http://snipurl.com/9w7fa

http://www.newsgator.com

Comments

Very Nice Money

Now this is some heftty amount of money that these people are dealing with. I would just love to come up with some idea like them and make some millions :D

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