Israeli Content Syndicator MuseStorm Raises $1 Million

MuseStorm, an Israeli developer of widgets and tools for RSS feeds and other forms of online syndication, has received a $1 million investment from Elron Electronic Industries. With this investment, which is Elron’s second in the company, Israel-based Elron now holds approximately 23 percent of MuseStorm’s outstanding shares. Founded by Ori Soen and Yishay Schwerd, MuseStorm’s clients and partners include the Israeli financial newspaper and site Globes, The Washington Post and CBS Interactive (NYSE: CBS). Release.