Website Digg sold for $500,000 Betaworks ( New York tech incubator )

[Sudhakar]

Website Digg sold for $500,000 Betaworks ( New York tech incubator )

In 2006, digg raised $45 million from vc's. Now after their engineers lefts, digg is sold to the new york tech incubator betaworks.

And the approximate cost would be $500,000 or 27.5 million Indian rupees or approximately 2 crore 70 lakhs rs.

Hope digg will launch its cloud version soon and make sure to attract more online content traffic.