European streaming service Radionomy raises $15m in funding

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Issue Date: 
Oct 27 2011 - 12:55pm

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RadionomyInternet radio service Radionomy has raised $15 million in a round of fundraising. The European service (found here) is similar to Live365, in that it allows users to build web radio stations that others can tune in to.

TechCrunch reports that the service streams over 30 million hours of content per month. Though based in Europe, U.S. listeners reportedly account for 30% of Radionomy's audience.

You can find more coverage from TechCrunch here.

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