Subscribe to discover Om’s fresh perspectives on the present and future.
Feedster New President, New Money
Feedster, the San Francisco blog search engine has raised a new round of funding, mostly internal and is about to announce a new president. Sources say the amount of funding is in seven figures – between $1 and $5 million.
Tyler Goldman is going to join as Feedster’s president, replacing Chris Redlitz, who has left the company. Ex-Googler Aydin Senkut, who has joined as an advisor to the company, is also one of the new investors. Goldman, in the past has worked at various content-related companies including Broadband Sports. Feedster, has also received new funding from ex-Googler Aydin Senkut.
Given Senkut’s background – he was one of Google’s key people in Asia Pacific – I bet Feedster will make a strong push to China, Japan and other high growth Internet markets in Asia.
One of the more popular RSS-market tracking blogs in Japan has data on the state of the market in Japan re: RSS. Feedster is not on the map.
http://blog.myrss.jp/archives/2006/06/rss_20065.html
Amazing to see how popular Bloglines is in Japan. Early mover advantage. Feedster has a lot of work to do to gain any marketshare in Japan.
Sorry! My mistake. Feel free to delete the previous post 😛
Om,
Technorati has taken funding too – $7.6 million in Series C. Fun times!
China market will be tough for an outsider especially when Sequoia is rumored to have invested $20m in Qihoo.com, founded by the ex-Yahoo China search team.