Casted, maker of branded audio and video podcasts, raises $7M Series A funding

Casted, which calls itself an first Amplified Marketing Platform for B2B marketers, has raised seven million dollars in a Series A round led by Revolution Ventures. Other investors include High Alpha Capital, Elevate Ventures, and Tappan Hill Ventures. The company quadrupled revenue in 2020, and one key investor predicts a multi-billion dollar sector. Continue Reading

TuneIn continues to deploy November investment; markets 20 key job listings

As we reported in November, venerable streaming platform TuneIn received investment from Innovation Endeavors. The dollar amount was undisclosed, but the timing conicided with a CEO change, as Richard Sterm went over over from Audible to take the helm. Today we notice the company has unfruled a raft of 20 job listings across different levels, and is self-referring as “a growth-stage company.” Continue Reading

Audioburst launches “Platform for Apps,” enabling topical audio streaming to app builders

Audio search and delivery platform Audioburst is announcing the launch of Platform for Apps, which provides audio that app builders can easily bolt into the mobile experiences. The company scrapes a colossal library of short clips (“bursts”) which can be sorted by topic and aggregated into playlists. It hopes to grow a clientele of app builders seeking entertainment and user retention. Continue Reading

Within ad-supported audio, podcasting has greater “share of ear” than Spotify/Pandora (Edison)

Pierre Bouvard, Chief Insights officer at Westwood One, is back at it in the company blog, divulging results of the subscription Share of Ear consumer survey conducted by Edison Research. One of Bouvard’s key points in this latest blog post is the time-spent leadership of podcasting over ad-supported Spotify Free and Pandora. Click through for that infograph, and more. Continue Reading