October 5, 2007

MadKast Raises $300K For Link Sharing Widget

Nick Gonzalez

21 comments »

madkastlogo.pngThe first TechStars company to launch, MadKast has raised a $300,000 series A round of financing from EONBusiness Venture Capital and several Angel investors in California and Colorado. Another TechStars company, EventVue, closed their own round of funding last week.

MadKast is an embeddable widget that lets you easily share links with your friends on any of 15 link sharing sites (Digg, Delicious, Reddit, …). But unlike other link-sharing widgets such as AddThis, MadKast also lets you send links via email, SMS, or IM. It’s a rather simple, yet useful, tool for letting your readers spread your posts.

  • Sphere It

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  1. Anand

    $300K for a link-sharing widget?

    huh…when will I get my turn?

  2. Josh

    Congrats, guys!

    Looking forward to your next release!

  3. Mike

    Wow, what about script sharing?
    http://services.alphaworks.ibm.....owse/about
    http://www.iopus.com/imacros/firefox/

  4. Amy Wilsch

    An aside: just curious, why so many investors for a small amount of money?
    >>EONBusiness Venture Capital and several Angel investors in California and Colorado.

  5. Matt Galligan

    @Amy Wilsch - all has to do with the knowledge and talent that the investors bring to the table. if there’s quite a few solid minds in the pool, it always helps…

  6. waste of money?!?!?

    You know people might end up company that idea less than second. It’s waste of money too. :/

  7. Deals and Coupons

    Seems like a small change for those investors.

  8. Alec

    How is this better than just emailing a link directly? That’s not social enough?

  9. Ilya

    whatever, dont know about the product but love the Curb your Enthusiasm play, and because of they got me to sit through an otherwise lukewarm demo.

  10. Strange Science question

    Let’s forget this crap… I have advance question… take tooth pick, ball, and poke it.

    Let say you built largest man made space elevator…. And you staring at sky at different region. Does space elevator come out different shape like a cone or an invisible line or water bendable pencil ?

  11. Strange Science question

    There’s website you can win million dollar. I check out this site…
    http://www.elevator2010.org/

    I wonder if there’s god or not…
    Many people though earth was flat….

  12. mathew johnson

    @10&11:

    Brilliant! I appreciate your sense of humor!

  13. phenom

    freakin lot of money for sharing a widget…who would imagine such possibilities.
    http://vidsonly.blogspot.com

  14. Steve Ballmer

    Not widget! Gadget! GADGET!

  15. Joe Scharf

    Congrats MadKast, Now you can BUY the MadKast Manor!

  16. mst 1048

    i personally love it and put embedded it into my blog….and,

    to alec:

    using the widget to share content is a) fast than copy + paste + email b) spreads content to the social web dialogue (one-click integration to aggregators + social bookmarking) and c) you get analytics from it– you can’t get that from emailing

  17. lolcatboulder

    Funny that techstars cheerleader seth levine was stone cold busted slamming the program -
    http://www.usatoday.com/money/.....ator_N.htm

    He backpedaled like snotnosed kid and hasnt blogged much since but the companies are getting less than a years worth of funding according to levine. Feld brags about “going to meet the guv” on twitter and their other companies are getting funded by the state funded tango pool ala lijit. This all smells funny and it aint looking near as good as ycombinator.

  18. Matt

    I installed it on my blog (which is powered by Squarespace) and a couple of things happened:

    - Icon never showed up in Safari
    - Embedded code caused my blog login buttons to stop functioning

  19. Matt Galligan

    @lolcatboulder first off, i love anonymous comments. secondly, Seth did a phone interview with USA today. they misquoted him, plain and simple. seth was a huge part of the techstars program and never said the crap that usa today posted about him.

    he also hasn’t blogged much since because foundry has been busy as shit getting their fund together and up and running. turns out it’s kind of tasking to start a venture firm…who would have known?

    get your facts straight