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Slacker Gets $40 Million for Growth
When Slacker initially launched their three prong web, desktop, and portable music service, we felt they needed a lot of cash in the bank to take on incumbents like Last.fm and iTunes. It looks like they got that start, with the addition of a whopping $40 million investment on top of the original $13.5 million series A funding, according to PEHub. Centennial Ventures and Rho Ventures were new investors, with Austin Ventures, Mission Ventures, and Sevin Rosen Funds returning.

Source: http://www.techcrunch.com/2007/06/01/slacker-gets-40-million-for-growth/

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