Social radio service Jelli announced Tuesday it has closed a $9 million round of funding led by new investors Intel Capital and Relay Ventures, with participation from existing investor First Round Capital and individual investors including Roger Ames, former chairman of both Warner Music Group and EMI Music Publishing and current Chief Executive Officer of International at Ticketmaster. Intel Capital and Relay Ventures have received seats on the company's board of directors.
Yes, it's incredible that Pandora has grabbed more than 4 percent (by Pandora's metrics) of terrestrial radio listening. But that took 12 years, and even with listening hours growing each quarter, the company doesn't have enough advertisers on board to turn a profit. Because of that, it is in a desperate fight to draw ad dollars from traditional radio. As of now, the score is approximately $17 billion (broadcast radio) to $800 million (Internet radio).
Jelli, the user-controlled music streaming service, is releasing a specially curated SXSW-themed station today, which will feature the indie bands playing at the festival. The playlist for the station will be crowdsourced in real-time and made available on both web and mobile.
Jelli for iPhone - the simple story
Jelli, a startup that's a mix between Pandora and Digg (with old-school terrestrial radio stations thrown in), has gone mobile: the company has just launched a native iPhone application. Now, this wouldn't be especially interesting news (who doesn't have an iPhone app these days?), but it fills in one major gap in Jelli's functionality. Because while the service has been around for a while, there's never been a good way to use Jelli on the go — and, as the folks over at Pandora can tell you, that mobile experience is key when it comes to streaming music. You can download the new iPhone app right here.
Jelli, a company that merges crowdcasting with traditional radio, is hoping to take its user-controlled radio system national through a deal announced late Monday (Oct. 19) with Triton Media Group. As part of the agreement, Triton will syndicate two daily Jelli programs, Top 40 Jelli and Rock Jelli, while Triton's Digital division will offer affiliates the ability to create customized Jelli programming.
Two leading players in the emerging medium of crowd-sourced or audience-controlled radio revealed new social media integrations that will allow users to send and receive alerts when one of their selections is on the air.
Entrepreneur Mike Dougherty envisions a day when people will listen to their car radio via a wireless Internet connection and be able to make song requests with the help of a hands-free device as they drive along the freeway.
Social radio startup Jelli Inc. said Thursday it has raised $7 million in a first round funding led by Battery Ventures, with participation from First Round Capital.
Received $5M Series A Funding
Participation Battery Ventures, First Round Capital
Triton Media, together with Jelli, the company that puts radio in the hands of its listeners, announced that their new crowdsourced radio programs, Rock Jelli and Pop Jelli, have launched into national syndication. They will air in markets from coast to coast -- from Las Vegas to Bozeman to Boston to Philadelphia.
Think of Jelli as American Idol, radio style, where the songs you hear on a station aren't picked by a DJ or program director, but by you.
Received $2M Seed Funding
Participation First Round Capital, TriplePoint Capital, Alfred Lin, Emil Michael, Gary Clayton, Peter Sperling, Manny Rivelo, Jeff Cavins, Romi Mahajan, Sanu Desai, Paul Noglows, Michael Dougherty,