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Widget Maker Musestorm Raises $1M from Elron

Submitted by ron on May 18, 2008 - 07:55.
Elron Electronic Industries (Nasdaq: ELRN; TASE: ELRN) has invested $1M in Israeli start-up MuseStorm and will own 23% of the company.

MuseStorm calls itself a Web 2.0 aggregator. It aggregates data from web APIs and RSS feeds and distributes it via widgets to Blogs, web sites, and mobile devices. Users include The Washington Post, Pageflakes and CBS.

The company makes money by selling its analytics. You can get Musestorm analytics free for 60 days and will then have to pay $4/month per feed for web widgets and the same price for Desktop widgets. The analytics engine will track impressions and clickthroughs for widgets located on web as well as user desktop.

Read more here (Snipperoo)

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old stuff

Submitted by misteroo on May 18, 2008 - 09:58.
Ron i think this is not a new round. http://www.thealarmclock.com/mt/archives/2007/07/israeli_widget.html
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You're right! Sorry about

Submitted by ron on August 27, 2008 - 07:43.
You're right! Sorry about that, and sorry for the late reply (very.......late.....) - something went wrong in our comment moderation ;-)
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