Anywhere.fm, founded in 2007 by Anson Tsai, Luziou Chen, and Sachin Rekhi, provides users with their own iTunes-like music player and social networking options. It participated in the YC S07 cohort of Y Combinator and raised an estimated $15,000, later exiting with an estimated value of $2,000,000. The company holds licenses for the public performances of the music streamed through its website.