Sunday 4 July 2004

RSS Investment Rises to 3

RSS looks like becoming hot in the venture world. Recently I heard about Newsgator got its first investment with Mobius Venture Capital.

And I tried to dig in a bit more, and found another 2 companies.



- FeedBurner

- RSS Ad network



I knew both of these companies before hand, but surprisingly missed the news about when did they get their investment.

PaidContent contains stories about the investment in RSS and other interesting articles for business models surrounding RSS.



RSS Analytics Firm FeedBurner, startup based in Chicago, has raised a seven figure amount in a first round of venture funding. The funding was done by Portage Ventures, a Chicago based venture firm, and Ed Chandler, the managing director from Portage, has joined FeedBurner's board.



RSS Ad Network: Pheedo, a new San Francisco-based startup focused on developing solutions for advertising within RSS feeds, has received seed funding from Fastlane Ventures. The financing will be used for technology development, and key hires in business development and sales.The company claims it has already signed up big customers. Competitor in the field: RSSAds.




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