Jelli closes on $9 million in additional funding


The “socialradio platform” latest round of funding was led by new investors Intel Capital and Relay Ventures, with participation from existing investor First Round Capital and individual investors including Roger Ames, former chairman of EMI Music. The funding will be used for product development and sales growth. Intel Capital and Relay Ventures have received seats on the company’s board of directors.

“Relay Ventures and Intel Capital’s deep experience and global scale with mobile and cloud computing will be invaluable to Jelli as we seek to develop a new platform for the radio industry,” said Mike Dougherty, CEO of Jelli.

Additionally, Jelli announced that over 70 affiliates across the United States now use the Jelli Platform, increasing listeners of Jelli-powered programming by 250% over the last twelve months, to approximately 2 million listeners per month. During that same time frame, total ad impressions served by the Jelli Platform increased by over 500%, to over 60 million per month. Jelli’s radio affiliate partners saw increases in ratings, revenue, online traffic and Facebook Page Likes at their stations, due to the use of Jelli.

Jelli is a social radio platform that combines group listening with game mechanics to make radio more social and fun. Jelli empowers listeners to crowdsource playlists on actual FM radio stations. These listeners become the DJs, using their browsers and Jelli’s iPhone and Android apps to take over the broadcast by voting for the songs they want to hear in real-time. Listeners engage with other users in live chat rooms and through Facebook, creating community and a highly social experience. Jelli’s cloud-based platform broadcasts this user-controlled programming in realtime on air on terrestrial FM radio stations across the United States. Jelli’s platform also serves terrestrial radio spots on air, creating a new way for affiliates and advertisers to leverage the reach of radio with the engagement and measurement of the web.