AideRSS closes second round of financing

Posted by Rob Lewis

Waterloo's AideRSS, Inc. announced today that it has closed its second round of financing with Waterloo's Tech Capital Partners. This round of new funding will enable AideRSS to continue to develop unique services that leverage the PostRank technology and brand.

“2008 has been an outstanding year for AideRSS and PostRank” said Carol Leaman, CEO. “We've had amazing market reception and feedback, we've built an extremely strong team, and with funding that will last well into 2010 we can focus on execution of our business plan”. Ilya Grigorik, Founder and CTO added, “We are extremely excited about our product development plans in the next 12 months. With financing in place we will be delivering several unique new services that we expect will garner significant attention in the market and result in a number of potential paths to revenue.”

Founded in the spring of 2007, AideRSS launched its first filtering and ranking service in July 2007 to tremendous market reception. The PostRank feed management service offers free, easy-to-use tools to enhance personal productivity for users, and provides audience engagement information for publishers.

Our interest is primarily in engineers, scientists, or researchers who have developed technologies that solve difficult industry problems – problems that are substantial enough to compel customers to adopt the new technologies. We are also interested in disruptive technologies that have the potential to create entirely new markets. We want to work with company founders who have set their sights high and we seek... more

Company:
PostRank Inc.
Website:
http://postrank.com
Location:
Waterloo, Ontario, Canada

Based in Waterloo, Ontario, PostRank is a world-class technology company that monitors and collects social engagement events with online content in real-time across the web. PostRank gathers where and when stories generate comments, bookmarks, tweets, and other forms of interaction from a host of social hubs. Publishers and people interested in their content can then use PostRank analysis to gauge influence and... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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