(AllHipHop News) The people behind Dash Radio have reason to celebrate. The digital broadcaster founded in 2014 by Scott "DJ Skee" Keeney currently sports more than 10 million monthly listeners.
Plus, Keeney's enterprise announced the close of its seed round with $8.8 million in funding. The list of investors includes Nimble Ventures, Slow Ventures, Lazerow Ventures, Muzik, Arab Angel, G Ventures, Lindzon Capital Partners, Jason Flom, Orin Snyder, Ian Schaefer, and Michael Zeisser.
Warner Bros. Entertainment Chairman/CEO Kevin Tsujihara also contributed capital to Dash Radio. In addition, Tsujihara was named to the Board of Directors, along with Zeisser and Passport Capital founder John Burbank. Isaac Heyman (VP Of Industry Relations) and Clinton Sparks (VP of Business Development) were brought on to fill executive positions.
"With this new funding and an all-star board, Dash is now ready to aggressively expand its footprint and pursue the next stage of its growth journey. Since launch, Dash has been focused on reimagining the live audio and radio experience from the ground up to disrupt the legacy radio market with a superior listener experience," states DJ Skee.
"Our team has done an incredible job in building a best-in-class product, and by adding an incredible group of investors and world-class team, Dash will continue to rapidly expand and take advantage of the $45 billion per year radio market as it evolves from analog to digital," adds the music business veteran.
Tsujihara says, "I'm honored to be joining the board at Dash, and excited about the real change they're driving across radio. With their great leadership team, terrific original curated content and an offering unmatched in the market, Dash is positioned to disrupt analog radio and convert listeners to Dash users."
Dash Radio hosts over 400 shows across more than 75 stations. Established acts such as Ice Cube, Snoop Dogg, and Lil Wayne curate content on the platform. The subscription-free service is available via Amazon Echo, SONOS, Google Home, Pluto TV, Chrome, Fire Stick, Apple TV, and more.