Radio app TuneIn has raised $25m in new funding led by IVP, with involvement from return backers Google Ventures.
Google Ventures, the corporate venturing unit of search engine Google, has participated in a $25m round of funding into US-based TuneIn, an online radio service.
The round was led by private equity investment firm Institutional Venture Partners (IVP), with participation from venture capital firms General Catalyst Partners, Sequoia Capital and General Catalyst Partners.
John Donham, chief executive officer at TuneIn, said: “This investment gives us the capital to accelerate the development of new technologies and support our ongoing expansion,…
