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Rdio - About the company

Rdio is an acquired company based in San Francisco (United States), founded in 2008. It operates as an On-demand music streaming service provider. Rdio has raised $126M in funding, with last known valuation of $*****. The company has 637 active competitors, including 31 funded and 26 that have exited. Its top competitors include companies like Spotify, Deezer and SoundCloud.

Company Details

Rdio is an online music streaming service provider that offers ad-supported streaming and ad-free subscription streaming services that are available for OS X and Windows, as well as a Windows Store application, mobile devices including Android, BlackBerry, iOS, and Windows devices. It provides music recommendations features including creation of personalized albums, stations, and playlists. Users can discover their friend's music, stream based on the artists and genres, and share music with others on social media platforms.
Website
rdio.com
Social
XFacebook
Key Metrics
Founded Year
2008
Location
San Francisco, United States
Stage
Acquired
Total Funding
$126M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Apr 01, 2014
Ranked
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Pandora (Nov 16, 2015)

Rdio's acquisition details

Rdio got acquired by Pandora on Nov 16, 2015 at an acquisition amount of $*****.
Click here to take a look at Rdio's acquisition in detail
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Rdio's funding and investors

Rdio has raised a total funding of $126M over 6 rounds. Its first funding round was on Oct 14, 2009. Rdio has 4 institutional investors.

Here is the list of recent funding rounds of Rdio:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 2014
2124013
PE
4297841
3322341
9050774
4639663
Dec 2013
2028232
PE
1830258
8685762
8300014
9718037
Nov 2013
1170960
PE
4182984
4729053
8024686
1209626
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Rdio's Competitors and alternates

Top competitors of Rdio include Spotify, Deezer and SoundCloud. Here is the list of Top 10 competitors of Rdio, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spotify
Spotify
2006, Stockholm (Sweden), Public
Provider of a platform for streaming digital music and podcasts
$2.06B
87/100
2nd
Logo for Deezer
Deezer
2007, Paris (France), Public
Online platform for on-demand music and radio streaming
$445M
82/100
3rd
Logo for SoundCloud
SoundCloud
2007, Germany, Series F
Provider of online platform for streaming and listening to music
$438M
71/100
4th
Logo for Stingray
Stingray
2007, Montreal (Canada), Public
Provider of curated audio and video content for businesses and consumers
-
-
70/100
5th
Logo for Tidal
Tidal
2014, New York City (United States), Acquired
Subscription-based online music streaming platform
$200M
70/100
6th
Logo for Napster
Napster
1999, Los Angeles (United States), Acquired
B2B platform offering customizable, branded music streaming and download services
-
67/100
7th
Logo for Qobuz
Qobuz
2007, Paris (France), Series B
Subscription-based on-demand music streaming platform
$31.9M
67/100
8th
Logo for TREBEL
TREBEL
2014, Los Angeles (United States), Series B
Music download and streaming app
$30M
65/100
9th
Logo for Myspace
Myspace
2003, Los Angeles (United States), Acquired
On-demand music streaming and content sharing platform
$42.8M
64/100
10th
Logo for Audiomack
Audiomack
2011, New York City (United States), Series A
Music platform empowering artists with free uploads and global fan engagement
$6.43M
-
63/100
57th
Logo for Rdio
Rdio
2008, San Francisco (United States), Acquired
On-demand music streaming service provider
$126M
39/100
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Rdio's Investments and acquisitions

Rdio has acquired 2 companies including TastemakerX and Dhingana Music. Rdio has not made any investments as of now.

Reports related to Rdio

Here is the latest report on Rdio's sector:

News related to Rdio

The New York TimesRdio, Atomico
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FAQs about Rdio

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