Newsgator with another round

Filed in archive Venture Capital on April 20, 2005

It seem like the Newsgator founders can't wait to get rid of their equity - yet another round from Moebius and Masthead Venture Partners.

"NewsGator will be rolling out a wide range of enterprise solutions over the next few months, with an ever-growing number of customers and partners. This financing will be used to continue development on this industry-leading RSS platform, and to keep up with exploding customer demand. A huge number of end-users, and the media companies and enterprises that support them, are turning to subscriptions via RSS as the most efficient means to manage information overload, and turning to NewsGator as the acknowledged leader in providing the platform to enable these relationships."