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Digg gets $28.7 million for expansion

Sep.24, 2008 in Random Stuff

Jay Adelson, from Digg today informed that Digg is to receive $28.7 million from Highland Capital Partners.

He announced their major expansion will be funded with the fresh investment. Money is expected to spend after the following:

  • Infrastructure
  • New feature development
  • International expansion
  • Hiring new people


According to Jay, Digg has over 30 million unique monthly visitors, and half of the total visitors are coming from outside USA. So they are planning for their international expansion in coming days, 2009. They will focus on visitors feedback and new features would be more personalized experience oriented.

He also they will be moving to San Francisco and they have already started hiring.

Source: Big News: Expanding & Growing Digg

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Jinnat Ul Hasan

My Name is Jinnat Ul Hasan, I've working as a Web Developer and a SEO Consultant for last 5 years both in Bangladesh and United Kingdom. Currently I'm working for TV Business Lounge, FE Samuels Group and Ladies & The City. This is my homepage and personal blog.
 
Search Engine Optimization is my Passion and I'm a GREAT admirer of Google. In my blog, I try to share my experiences of SEO, news that makes me happy in my own words.
 
Feel free to contact me for Free Website Review, Free Quotation to hire me or any other question - here is my email address hasan[at]hasan-online[dot]com