Jelli Closes $9M Funding

Funding Rounds

▤ Summary

Jelli, a San Mateo, Calif.-based social radio platform, has closed a $9m funding.The round was led by Intel Capital and Relay Ventures, which have received seats on the company’s board of directors, with participation from existing investor First Round Capital and individual investors including Roger Ames.Led by Mike Dougherty, CEO of Jelli enalbes listeners to crowdsource playlists on actual FM radio stations.Listeners use browsers and the company’s iPhone and Android apps to vote for the songs they want to hear in real-time and engage with other users in live chat rooms and through Facebook.Jelli’s cloud-based platform broadcasts this user-controlled programming in realtime on air on terrestrial FM radio stations across the United States.

$ Funding

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Amount $9.0M Total raised
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Date October 3, 2012 Announcement date
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Investors Relay Ventures, Intel Capital Lead investors
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Company http://www.jelli.com Funded company

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▦ Linked Companies

Jelli
$10M to $25M