Cinchcast Raises $6 Million In Series B
Cinchcast, the company formerly known as BlogTalkRadio Inc., has raised $6 million in Series B funding. This round of funding was led by Guggenheim Partners. Cinchcast provides solutions to businesses and consumers for creating and monetizing audio content.
Cinchcast’s audio management platform gives businesses an easy way to record high-quality audio content without the extra cost and time it takes to record traditional audio.
“We know that online publishers, marketers, and corporate communication professionals are looking for new ways to create compelling, interactive content at scale. We’re excited to provide businesses with simple and cost-efficient solutions for delivering the types of valuable rich media content that consumers want, when and where they want it,” stated Cinchcast chairman and CEO Alan Levy. Levy continued, “This investment will empower us to support and grow our existing customers, while further expanding our product and service offerings to make it even easier for companies to create, distribute and monetize original audio content.”@amitchowdhry or on Google+ at +AmitChowdhry