AccuRadio has been around for about 14 years, first launching as an experiment in 2000. This is an extremely long time in the internet radio business, and the company says they are profitable.
The service has announced that they’ve now raised $2.5 million in a Series A round of funding. The money came from NantWorks LLC, a company headed by Dr. Patrick Soon-Shiong.
AccuRadio will spend the money on PR and marketing. CEO Kurt Hanson said:
“AccuRadio has industry-leading measures of customer satisfaction, including Average Time Spent Listening in Webcast Metrics and its iOS and Android app user ratings, and with the help of this funding, we believe we can really take the brand to the next level.”
Nina Ulloa covers breaking news, tech, and more. Follow her on Twitter: @nine_u