Japanese business conglomerate Mitsui has invested an undisclosed amount of money in Feedster. Mitsui has 723 subsidiaries ranging from steel production to medical spas.
Update: It looks like Scott Rafer, former CEO of Feedster, has left the company perhaps as a contingency of the Mitsui deal or of his own will.

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Commentary on "Mitsui invests in Feedster":
Gen on wrote: #
It’s interesting to see these blog/search companies coming into Japan.
Audioblog.com just announced a JV with J-Stream (Japan) and Transcosmos (Japan).
Then Rakuten (one of the largest ecommerce sites in Japan) purchased LinkShare for $465 million.