Feedly Raises 500K in 8 Hours

August 16, 2013 – 1:49 pm

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.

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Feedly Raises 500K in 8 Hours

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