NewsGator closes Series A funding with Mobius Venture Capital. Looks like a good match – Mobius Managing Director Brad Feld lives in Colorado and authors a weblog. A VC generally looks for teams that can dominate markets and markets that are worth dominating. I wonder what market Mobius and NewsGator have in mind?

I’m hard pressed to believe that Mobius is backing the NewsGator client. The news aggregator market seems too fragmented and Outlook based clients seen too vulnerable to Microsoft. I think the real opportunities extend from the supply side. Perhaps an expansion of NewsGator Online Services, an employee portal built on RSS, or …