SAM Client Rdio, the social music startup founded by Skype founders Janus Friis, and Niklas Zennstrom has secured 17.5 million in funding from new investor Mangrove Capital Partners, along with earlier backers, Skype, Atomico Ventures and Friis himself through some of his investment entities.
Rdio has also added Warner Bros. Records Chairman Rob Cavallo to it’s board as the director.
Rdio is an unlimited, on-demand social music service that lets subscribers listen to music on the web and mobile devices. Rdio differentiates itself by its social design which emulates the way music has typically been shared—from person to person.
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