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A Feed Is Born

AideRSS gets funds to expand

by Juned on January 10th, 2008

Good news from the Information Management Tool AideRSS, the PostRank Developer has just closed a a financing deal with Tech Capital Partners and Canadian Angel Investors. see here. The additional financial resources or cash will allow the company to expand its development of RSS filtering and ranking tools.

According to the Press Release of AideRSS:

This funding will provide the resources for AideRSS to continue to develop leadership in the growing market for RSS filtering and ranking tools which help improve personal
productivity. [Source]

This statement is also mentioned in AideRSS’ blog:

…This funding will provide us with resources to continue to grow and develp leadership in the fast-accelerating RSS market and deliver the leading tools and services needed to help increase your personal productivity. We’re extremely excited to have been able to assemble such an amazing team of investors and mentors![Source]

2008 is really shaping up to be another year for RSS and Information 0verload. RSS and information management companies seem to be attracting a lot of investors and this is good.

POSTED IN: RSS Tools

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