Foneshow offers a telephony-based distribution platform for short form audio such as news, sports, and radio programming.
Business Model: B2C
Revenue: $0
Employees: 1-10
Address:
City: Portland
State: Maine
Zip:
Country: United States
Foneshow has built a telephony-based distribution platform for short-form audio (primarily news/talk/sports radio programming). The platform leverages the cellular telephone network and enables users to subscribe to, access, publish, share, and consume short-form audio programming immediately from virtually any cell phone. The system features the very rapid propagation of programming from the creator to the consumer. Patents are pending. Foneshow was founded in late August of 2006 on Ballston Beach in Truro, Massachusetts by Erik Schwartz and Nic Wolff, two technology industry veterans and lifelong friends. Nic and Erik had been kicking some of the ideas around for a while, wondering why they never listened to podcasts. In late summer 2006 they developed the ideas that would become Foneshow. They started coding in September of 2006 with alpha launching later in September. The foneshow.com domain was registered in October 2006. The company was organized as a Delaware LLC in November of 2006. In August of 2007 Foneshow closed a series A venture capital round with CEI Community Ventures, Masthead Venture Partners, and Small Enterprise Growth Fund of Maine.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2007 | Series A | 3 | $1.6M |
CEI Community Ventures Maine Venture Fund Masthead Venture Partners CEI Community Ventures Maine Venture Fund Masthead Venture Partners |
9/2006 | Seed Round | $25k | 6/2009 | Venture Round | 1 | $500k |
Maine Technology Institute Maine Technology Institute |
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