RSS Feed Provider Newsgator Secures $12 Million Fifth Round Funding
By David Kaplan - Thu 13 Dec 2007 11:45 AM PST
Newsgator, the RSS feed aggregator, has raised $12 million in a fifth round funding, PEHub reports. The round was led by Vista Ventures, with previous investors Mobius Venture Capital and Masthead Venture Partners participating as well. Newgator raised $7 million in a fourth round in the spring of 2006. Including this new financing, the Denver, CO-based company has raised a total of $29 million. The company will use the money to expand marketing and sales efforts in the United States, Europe and Japan, with the goal to become break-even as a company, it said. More in release.
Posted in: Technologies/Formats, RSS Etc., VC+M&A
Tags: mobius venture capital, vista ventures, masthead venture partners, newsgator,
