By: Sindy Nanclares
Online news startup Rivet Radio announced today that it’s raised a total of $3.6 million in funding to date from multiple investors including The Associated Press, Ringleader Ventures, and Chicago venture capitalist Steve Miller.
Founded in 2013, the Chicago-based startup serves up a personalized list of local, national, and world news segments and podcasts via their app. The service allows listeners to skip, bookmark, and share stories in their playlist, Pandora-style.
Today's funding announcement comes about a month after Dropbox bought Umano, a similar app for news, articles and talks, and scheduled it to shut down on June 12. Apple bought and shut down Swell, also a similar app, a year ago.
Rivet says it’s “looking to future expansion” and is apparently in talks to secure its first international partnership.
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For more information and to download Rivet Radio visitwww.rivetnewsradio.com.
Rivet Radio, Inc.
Featured by Apple as “The Best in Bite-Sized News” and a “Start Up To Watch” by Chicago Innovation & Built in Chicago in 2015, Rivet delivers customized, multiplatform audio news and feature stories worldwide. Rivet has grown fromiPhone, Android, Amazon and car apps into a platform powering the global Audio of Things for millions of listeners. It’s radio reimagined.