Monday, August 6, 2012

TuneIn Raises $16M

Palo Alto-based TuneIn, an online music, news, and sports streaming service, said today that it has raised $16M in a funding round. The round was led by General Catalyst Partners, and also included Jafco Ventures, Google Ventures, and Sequoia Capital. The firm said the funding will go towards technical and business operations. TuneIn's CEO is John Donham. TuneIn says it reached more than 40 million monthly active listeners through its service. More information »