Blog Post

Newsgator Secures $10 Million Sixth Round Funding

Stay on Top of Enterprise Technology Trends

Get updates impacting your industry from our GigaOm Research Community
Join the Community!

imageRSS feed aggregator Newsgator has raised a $10 million sixth-round funding. The company has lined up past investors, including Masthead Venture Partners, Mobius Venture Capital and Vista Ventures, for this latest funding. With this cash infusion, the Denver, Colo.-based company has raised a total of $39 million. Its last round was in December 2007, when it got $12 million in a fifth round.

Newsgator did not offer details about what it planned to use the funding for, though it hinted that it would go towards “expansion efforts.” The company made a point of saying that despite the darkness hovering over most businesses, online and off, its Q408 was Newsgator’s highest revenue gain ever, though it did not say precisely what the current and previous figures are. Release