Israeli RSS reader platform NewsTab raises $1.5m

Startups

The Tel Aviv based startup lets users find, follow, organize and browse their favorite news sources, on an intuitive user interface.

Israeli RSS reader platform NewsTab has closed a $1.5 million financing round with investors including former VMWare CEO Paul Maritz and former Pelephone Communications Ltd. CEO Eyal Levy. The company will use the proceeds to develop new features.

The Tel Aviv-based startup was founded by CEO Arnon Catalan. NewsTab provides a cross-platform service that offers dependable RSS reader functionality, where users can find, follow and organize and browse their favorite news sources, on an intuitive user interface. Users can also follow any Twitter user or hashtag, as well as Google News topics and Google Alerts, to get the best articles through Google’s algorithm.

The company also announced the launch of its Android app and Web service while the iOS launch is planned for later this fall.

Published by Globes [online], Israel business news - www.globes-online.com - on October 7, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

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