7-18-13
Swell, which launched last month, is a News/Talk app that gives listeners a Pandora-like experience. The company has just raised $5.4 million. Content comes from NPR, American Public Media, ABC News, the BBC, TED Talks, and others. Swell streams a mix of the content from those providers personalized to a listener?s interest. We'll have an interview with Swell CEO and Co-Founder G.D. (Ram) Ramkumar posted here later today.
The latest round of financing was led by Draper Fisher Jurvetson, with participation from Google Ventures, InterWest Partners, Correlation Ventures, and Draper Nexus Ventures. Concept.io, the startup that built Swell, previously raised a $1.8 million seed round from Google Ventures, Charles River Ventures, DFJ, Andreessen Horowitz, Inspovation Ventures, and various angel investors.
