Rdio
Company

Last deal

$25M

Amount

Private Equity

Stage

01.04.2014

Date

6

all rounds

$125.7M

Total amount

General

About Company
Rio is a digital music service provider that connects people with music.

Industry

Sector :

Subsector :

Keywords :

Also Known As

xDio, mDio

founded date

01.08.2008

Operating Status

Closed

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

With on-demand access to over 12 million songs, Rdio allows users to discover what friends, people with similar tastes, recording artists and more are listening to in real-time and share across Twitter and Facebook. The company's library includes content from major record labels, as well as independent labels and distributors across the world. Rdio is headquartered in San Francisco, was founded by Janus Friis, one of the creators of Skype, and is currently available in 51 countries. The company develops mobile applications that allow users to connect music on mobile phones and computers without a cable, and is funded by Atomico, Janus Friis through his investment entities, Skype and Mangrove Capital Partners.
Contacts