Google Buys FeedBurner for $100M

posted in Internet |

feedburner.jpgIt’s confirmed: Google is buying FeedBurner for 100 million dollars! What big G will do with this new super-acquisition we can only guess. New features for Google Reader are expected once the deal goes through.

FeedBurner was founded in 2003 and has raised just $10 million in capital over two rounds. Portage Ventures funded their $1 million Series A round in 2004. The $9 million Series B round was closed in mid 2005 (second close in 2006), from Mobius Venture Capital and Union Square Ventures.

Source: TechCrunch

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