Pandora, the personalised internet radio service for music, goes from forte to fortissimo, announcing on Wednesday it reached 40m registered users this month.
At a media dinner the previous evening attended by Tim Westergren, Pandora founder and hosted by Crosslink Capital, the VC which led a Series C round for Pandora, Peter Rip, general partner at Crosslink elaborated on its success.
Revenues in the latest quarter were up more than double on a year ago, he said, and Pandora is the prime candidate in Crosslink’s portfolio as VC firms look to bring their best companies to market in 2010. Read more
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