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Web 2.0 - Monday, October 8, 2007

Blog Promotion Tool MadKast Raises $300K From Angels

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Boulder, CO's MadKast says it has raised $300K in angel funding. This is the 2nd startup that we have seen that has come out of the TechStars incubation program to raise further funding. Madkast is a widget designed to encourage blog visitors to share and promote your site. MadKast encourages users to share content via e-mail, text message, instant message, and social bookmarking sites. Competitors might be ShareThis and AddThis.

The funding is thanks to EONBusiness Venture Capital, VC Brad Feld, David Cohen of TechStars, angel/politician Jared Polis, Paul Berberian of Raindance and Market Force Information, David Brown of ZOLL Data, and Mark Silverman at CTEK Boulder.

Read - Blog announcement via Techrockies

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