ShareThis Close To Acquiring MadKast

ShareThis is an article-sharing widget company that raised about $15 million in funding this past March.  ShareThis is a social bookmarking tool that is similar to Digg.  It was recently announced at the TechStars Demo Day that ShareThis is most acquiring MadKast.

MadKast has a strong team of developers and the technology behind the company is impressive.  MadKast makes it easy to share blog posts through SMS and e-mail.   MadKast raised $300,000 in October 2007 from EONBusiness Venture Capital.

Although they cannot discuss the deal quite yet, MadKast stated that they will have an official word soon on their blog.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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