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Money Monday: Slacker

Filed in archive Companies , Finance by Marc on June 11, 2007

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SLACKER DRAWS $40 MILLION FOR digital music servicelinks

Music service Slacker closed a $40 million second round of funding from Centennial Ventures, Rho Ventures, Austin Ventures, Mission Ventures and Sevin Rosen Funds. The company earlier raised a $14 million Series A round. Similar to Pandora, Slacker is an Internet radio service that recommends new songs based on learned listener music preferences.

Slacker offers a software-based digital music player for the desktop. The company plans to expand to portable and car-based players with the same streaming music and recommendation features. The players will also integrate WiFi Internet access and satellite radio.






Permalink: Money Monday: Slacker
Tags: company  funding  capital  money  music  money+monday  monday+slacker  digital+music 

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