Feedster raises venture capital funding

June 3, 2005

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Feedster said yesterday that it has closed its first round of venture capital financing.

No numbers were attached to the announcement, but the deal was led by Selby Venture Partners, a Menlo Park firm and one of the biggest name in Silicon Valley VC funding.

We visited with managing director Bob Marshall several months ago, and it seems the firm hasn't invested much in the Internet media space. Though it's not entirely green either, having invested in music recommendation company, Savage Beast.

Previous seed investors include Omidyar Network, members of the New York Angels, and other angel investors Kevin Hartz, co-founder of Xoom.

Other seed investors also include Joe Kraus, co-founder of Excite and Jotspot, Josh Kopelman, founder of Half.com, Scott Kurnit, founder of About.com, Mark Pincus, founder of Tribe.net and Support.com, and Narendra Rocherelle, founder of Webshots.

Source: Silicon Beat

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