Jelli, a company that puts radio into the hands of its listeners, has closed a $7 million Series A round of funding led by Battery Ventures, with participation from First Round Capital. The funding will be used for radio market expansion, new product development and team growth. Satya Patel, Battery Ventures partner and former Google executive, will take a seat on the company board.
Jelli is a social music service which combines the power of the web with the reach of terrestrial radio. Jelli’s user-controlled radio format enables listeners to vote for songs up (“Rocks”) or down (“Sucks”) to create and alter the playlist in realtime, essentially taking over a radio station using their web browsers. This is enabled by Jelli’s web platform which integrates with radio station infrastructure to transform programming and advertising.
“Jelli’s popularity is driven by the social web and is giving a new voice to millions of consumers,” said Jelli CEO and founder Mike Dougherty. “It’s empowering and also super fun. We’re excited to work with an incredible group of investors to reinvent what is possible with radio.”
Location: USA, San Mateo, CA