Slacker Raises Another $9.7M in Venture Funding

Slacker, the San Diego-based online music streaming service, disclosed in a regulatory filing this week that it has raised almost $9.7 million so far in a secondary venture round intended to raise $10.2 million.

As Xconomy’s Juha-Pekka Tikka reported Tuesday, Slacker raised $5 million in venture funding just six months ago from Rho Ventures of New York, Centennial Ventures of Denver, CO, Mission Ventures of San Diego, and Austin Ventures of Austin, TX. Sevin Rosen Funds of Dallas, TX, also has been a major investor in the company. But in its filing Wednesday, Slacker did not identify the venture firms that participated in the latest round.

Gary Byrd, a spokesman for the company, declined to comment, saying in an email that “Slacker doesn’t comment on financing issues.”

Before this week’s filing, Slacker had raised a total of $59.5 million, according to previous filings. Slacker has more than 8 million users who listen to its music service on the web, mobile phones, televisions and Slacker portable music players.

Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow

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