Monday, February 2, 2009

Slacker Banks $5M Bridge

From Austin Startup, January 28, 2009...

Slacker launched their internet-based radio service back in November of 2007, just in time for the holiday season. Despite the large amount of capital raised (over $50M), the company’s device just hasn’t really seemed to catch on. They’ve launched iPhone and Blackberry clients recently, which will give users an alternative to the $199 G2 player (shown at left). Back in June, company founder Celite Milbrandt left the company, and it’s unclear how much of the company is still left in Austin.

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