October 28, 2005

Digg Gets VC Funding

Congrats to Kevin Rose for getting $2.8 million in venture capital funding. From some primo investors too. Can't do much better than the founder of eBay. Digg.com is now getting 500K daily visitors. Look forward to the digg engine to be used for non-tech news and instant messaging in the near future. I bet the site gets bought out for $50M within 12 months.

And it just received $2.8 million in venture capital from some big-name investors, including Omidyar Network, the outfit led by eBay co-founder Pierre Omidyar, Netscape co-founder Marc Andreessen, and Greylock partners.