About Rdio
Rdio is a company based in San Francisco (United States) founded in 2008 was acquired by Pandora in November 2015. Rdio has raised $125.7 million across 6 funding rounds from investors including Skype, Pandora and Atomico. Rdio has completed 2 acquisitions, including Dhingana Music and TastemakerX. Rdio operates in a competitive market with competitors including Deezer, Spotify, SoundCloud, Qobuz and Napster, among others.
- Headquarter San Francisco, United States
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$125.7 M (USD)
in 6 rounds
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Latest Funding Round
$25 M (USD), Private Equity Round
Apr 01, 2014
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Investors
Skype
& 3 more
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Employee Count
Not available
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Investments & Acquisitions
Dhingana Music
& 1 more
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Acquired by
Pandora
(Nov 16, 2015)
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Funding Insights of Rdio
Rdio has successfully raised a total of $125.7M across 6 strategic funding rounds. The most recent funding activity was a Private Equity Round of $25 million completed in April 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Rdio
Rdio has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Skype, Pandora and Atomico.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are directed toward tech sectors.
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Tech-based companies are invested in by Atomico venture capital fund.
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VoIP software for internet video chats and calls is offered.
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Investor details for Rdio
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Investments & Acquisitions by Rdio
Rdio has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dhingana Music and TastemakerX.
Investment portfolio details for Rdio
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Social music discovery platform
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Indian music is streamed on-demand through Dhingana platform.
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Locked | Locked | 2007 | Locked |
Complete acquisition details for Rdio
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- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Rdio
Detailed financials for Rdio
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- Profit trends
- Statement rows
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Rdio Comparisons
Peer comparison for Rdio
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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- Headcount comparison
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Competitors of Rdio
Rdio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deezer, Spotify, SoundCloud, Qobuz and Napster, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online platform for on-demand music and radio streaming
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Music streaming is offered on-demand to global users.
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Music streaming services are provided online for free.
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On-demand music streaming is provided through subscription services.
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Napster is recognized for providing music streaming platform solutions.
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On-demand music streaming and content sharing platform
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Detailed competitors of Rdio
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Rdio
Complete news archive for Rdio
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- Brand-specific news history
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Frequently Asked Questions about Rdio
Rdio was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Rdio is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Rdio is a funded company, having raised a total of $125.7M across 6 funding rounds to date.
Rdio was founded in 2008 in San Francisco, United States, as a provider in the music streaming sector. Ad-supported and subscription-based streaming options are offered for desktop systems like OS X and Windows, along with mobile support for Android, BlackBerry, iOS, and Windows devices. Music discovery is facilitated through recommendations, personalized albums, stations, and playlists, while users activities can be shared on social media.
Rdio's top competitors include Deezer, Spotify and SoundCloud.
Rdio has made 2 acquisitions, including Dhingana Music, and TastemakerX.
Rdio has 4 investors. Key investors include Skype, Pandora, Atomico, and Mangrove Capital Partners.