Rdio is a new social music service, founded by Janus Friis and Niklas Zennström.

We’re making a music service that takes the work out of deciding what to play next — follow friends and people with great taste in music, get inspired by what they’re playing, and listen to their playlists.

With Rdio’s mobile apps, music on your computer and mobile phone is finally connected without needing a cable. Collections and playlists are instantly updated and you can sync music and listen, even when you’re offline.

The name, Rdio, is a combination of the words radio and audio, and we pronounce it r-dee-o.

Financials

Date Type Amount Investors Valuation
02/01/11 Other 17.5M Mangrove Capital Partners, Atomico Ventures, Friis, Skype Unknown

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Competitors

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