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Slacker’s Still Raising Money—But Ditches Its Device In Favor Of Apps

Oct 22, 2009 1:37 PM

After raising over $70 million to develop and sell its G2 portable music device, music startup Slacker is giving up on it—choosing instead, to focus on building a mobile app-based streaming business. President Jim Cady, who’s been running the company since founder and CEO Dennis Mudd stepped down in August,…

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Posted In: Entertainment, Music, Mobile, Money, M&A & Venture Capital, Venture Capital, slacker, slacker radio

Digital Music Service Slacker Gets $5 Million Bridge Round

Tameka Kee

Jan 28, 2009 10:56 AM

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. Slacker has raised $58.5 million in funding since…

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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