TechHive: Feedly raises $500,000 in 8 hours selling RSS reader subscriptions

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Feedly raises $500,000 in 8 hours selling RSS reader subscriptions Aug 7th 2013, 16:17, by Gregg Keizer, Computerworld The Feedly RSS service raised half a million dollars Monday, pulling in an average of more than $62,000 in subscriptions each hour over an eight-hour span. Two days ago, Feedly kicked off a paid version of its RSS service by offering $99.99 lifetime subscriptions to the first 5,000 customers. Later in the day, Edwin Khodabakchian, CEO and co-founder of DevHD -- the company behind Feedly—said that the 5,000 accounts had been snapped up in eight hours. The total to Feedly: almost $500,000. "The funds from this early edition are going to help us acquire the hardware needed to open Feedly Pro to everyone," said Khodabakchian in a blog post. To read this article in full or to leave a comment, please click here Media files: feedly_laptop-100031248-small.jpg

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