PRX, a Cambridge-based public media company, is announcing Thursday that it's spinning off a new company, RadioPublic, to develop a mobile, on-demand listening platform. So far, RadioPublic has put together more than $1.5 million in a first round of funding from non-profits, for-profit media companies and venture capital.
Investors include Project 11, The New York Times, Knight Foundation Enterprise Fund, American Public Media, Graham Holdings Company, UP2398, Matter Ventures, Homebrew and McClatchy.
Unlike PRX, a non-profit, RadioPublic will be a public benefit corporation. Jake Shapiro,...
Republic uses cookies to improve your experience on the site.
Learn more about how we use cookies by reviewing our
Terms of Service
and
Privacy Policy.
This site is operated by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy.
Republic does not verify information provided by companies on this Portal and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Portal can be found by searching the EDGAR database.