Newsgator Raises Series A

June 23, 2004

Newsgator, Greg Reinacker's primarily Outlook-based RSS/Atom Aggregtor, raised a Series A from Mobius.

There is a great deal of investment activity going on around the fringes of RSS. Expect more announcements within the next month. What you are beginning to see is the impact of companies founded on spec early in the market's development that leverage the open source paradigm shift where the network is the market. If you think this space is interesting now, just wait for the impact of form following funding.

Congrats Greg!

Posted on June 23, 2004 at 10:05 AM | Permalink

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» RSS reader Newsgator Raises Series A from rtwodtwo
http://ross.typepad.com/blog/2004/06/newsgator_raise.html I never thought RSS programs would get VC’s cash. What do they think their exit will be? What revenue will this software have? Selling it to the warez loving public? Looking at its download.com ... [Read More]

» Investments in RSS Companies from Jeremy Zawodny's blog
Ross notes that Newsgator got funded recently. There I noticed a trackback from rtwodtwo's posting: I never thought RSS programs would get VC’s cash. What do they think their exit will be? What revenue will this software have? Selling it to the w... [Read More]

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June 23, 2004