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Digital Media Startup Anchor Brings In $10 Million

Podcast app Anchor Brings In $10 Million
Credit: www.anchor.fm

Anchor completed $10 million in Series A financing led by GV. Accel Partners, Betaworks, The Chernin Group, Eniac Ventures, and Homebrew Ventures also participated.

Anchor is a podcast app that layers community features on top of audio streaming. It lets creators record directly from their phones and to take talk show style call-ins. It also allows  listeners to join in-app chat rooms with fellow fans and to offer digital “applause” at their favorite moments. Users can add tracks from their favorite streaming services, such as Apple Music and Spotify, to their Anchor stations.

The company revealed that the new funding round will help Anchor accelerate its mission to democratize the creation and consumption of audio content.