Digital Music Service Slacker Gets $5 Million Bridge Round
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Digital music service Slacker Radio has picked up a $5 million bridge round of financing, according to VentureWire, citing a regulatory filing. Existing backers Sevin Rosen Funds, Rho Ventures, Centennial Ventures, Mission Ventures and Austin Ventures all participated in the latest round.
SEE ALSO: Personalized Music Service Slacker Completes $40 Million Second Round
Slacker has raised $58.5 million in funding since its inception in early 2007, launching both a subscription-based and ad-supported online radio service, and even a $200 WiFi-enabled player called the G2 (pictured). The company also released iPhone and Blackberry applications this month.
Photo Credit: DigitalCzech
@GeekyChic
Jan 28, 2009 10:56 AM ET
Posted In: Entertainment, Music, Money, M&A & Venture Capital, Venture Capital, austin ventures, centennial ventures, mission ventures, rho capital partners, sevin rosen funds, slacker radio
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