Los Angeles – Rdio, the cloud-based streaming music service
developed by the creators of Kazaa and Skype, has raised an undisclosed amount
of new funding from Mangrove Capital Partners, Quintura reported, citing a
tweet from Mangrove’s Mark Tluszcz.
Rdio offers a Web-only unlimited music
streaming music service for $4.99, and a version that adds mobile access for $9.99
per month.
The company recently signed a deal to add indie tracks represented
by the Merlin label collective to its service.
Related Links:
http://tinyurl.com/4ldbqja
(Quintura)
