NewsGator grabs $10 million in Series E | Startup Meme - Technology Startup and Latest Tech News

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Jan 13 2009

NewsGator grabs $10 million in Series E

Shoaib Hashmi 

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Denver based content aggregation tools and services provider NewsGator Technologies Inc., has raised $10 million in the fifth round of funding. The round was participated by returning backers including Masthead Venture Partners, Mobius Venture Capital and Vista Ventures. Despite the current financial difficulties, the company is doing good and it just had the strongest quarter since it started.

According to NewsGator’s president and CEO, JB Holston:

We’re very proud to continue to extend and expand our Global 2000 customer relationships.

Demand is accelerating for our on-premise and SaaS-based social computing offerings as top quality companies turn to immediate, high-ROI solutions for content and collaboration.

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