toggle

AAPL Stock: 118.44 ( -2.86 )

Printed from http://www.macnn.com

Stitcher pulls in $10 million in new funding

updated 11:15 am EDT, Wed September 21, 2011

Already up to $20 million so far

Streaming service Stitcher has managed to pull in $10 million in new venture capital funding. The investment is being led by New Enterprise Associates, with earlier backers Benchmark Capital, New Atlantic Ventures, and Ron Conway also contributing. Stitcher has raised about $20 million in total funding to date, All Things Digital observes.

Stitcher attempts to simplify listening to podcasts and radio streams by organizing them into custom playlists. While content can be accessed through the service's website, the focus has been on mobile apps for iOS, Android, BlackBerry and webOS. The company's revenue is derived mostly from advertising inserted in between shows.




by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

HP 14-x030nr 14-inch Chromebook

If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

toggle

Most Commented