image thumb102 Newsgator raises $10 million in round six

Newsgator the RSS feed aggregator has closed in its sixth round with $10 million funds. The round was participated by previous investors that include, Masthead Venture Partners, Mobius Venture Capital and Vista Ventures. This brings in total funding for the service to $39 million. The service plans at using the funds to further expand its business and is pretty confident to make big profits given the successful fourth quarter turnout last year.