Rdio
ClosedMusic worth sharing
San Francisco, United States · Founded 2008
- Headquarters
- San Francisco, California
- Employees
- 51–200
- Founded
- 2008
- Business Model
- B2C
- Website
- rdio.com
- Last Round
- Venture RoundJan 2010
- Rounds
- 1
About
Rdio was an online music streaming service founded in 2008 by Skype Technologies co-founders Niklas Zennström and Janus Friis, officially launching on August 3, 2010. The service offered ad-supported free streaming and ad-free subscription streaming in over 85 countries. Rdio differentiated itself through strong social features, allowing users to share songs, albums, and playlists with friends. Unable to compete with Spotify's rapid growth, Rdio filed for Chapter 11 bankruptcy in November 2015 and sold key intellectual property to Pandora for $75 million in cash, discontinuing service on December 22, 2015.
Summary
Rdio is a Media company based in San Francisco, United States, founded in 2008. Its most recent funding was a Venture Round round in Jan 2010. Investors include Mangrove Capital Partners, Atomico and Janus Friis.
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Funding History
Nov 2015
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Full funding history, per-round amounts, and investor participation.
Investors
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