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My Lists  Acquired by RealNetworks (2003 $ 36,000,000)

2012 16th Street
San Francisco, CA 94103
Website Company Summary Management Team

Outside board: (May no longer be on the board) Andrew Anker (Wired Digital CEO) Eric Kronfeld (Maverick Productions CEO);  Ho Nam (Altos Ventures)

Business description: is a leading online music company that develops and distributes Rhapsody, a digital music subscription service. Launched in 2001, Rhapsody gives consumers unlimited access to the world's largest library of music on the PC and via home networks & Net-connected home stereo systems today, and on wireless devices in the future. Rhapsody combines on-demand music, customized and professionally programmed Internet radio, and engaging music information and editorial recommendations.
Partners include: DirecTV BroadbandiM Networksmp3NETGEARRealNetworksSprintTrans Cosmos USAUniversal Music Group;  Broadjump;  Charter Communications

Rounds: 3
Recent Fundings: Feb 2003   Mar 2001
Capital raised: 104.0M
Ownership: Acquired by RealNetworks (2003 $ 36,000,000)
Corporate investors: RealNetworksUniversal Music Group;  Warner Music;  BMG Entertainment;  Sony Strategic Venture Investment

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Record updated: Dec 2002
Sector: Communications
Year Founded: 1998
Headcount: 51-75 as of Aug 2002
Rounds: 3
Recent Fundings: Feb 2003   Mar 2001
Capital Raised: 104.0M
Ownership: Acquired by RealNetworks (2003 $ 36,000,000)