Lexy Calls Up $1.25m from KPG Ventures

lexy_310.jpgMobile audio solutions provider Lexy has received $1.25 million in funding from KPG Ventures.

Lexy, the brainchild of Egreetings founders Fred Campbell and Tony Levitan, provides on-demand access to Web-based audio news and entertainment on any cell phone. Its Quickcasts service lets consumers subscribe to short-form audio feeds by visiting Lexy.com or the Web site of a participating content provider. When a new episode of a Quickcast is available, Lexy sends subscribers a text or e-mail.

Users can call Lexy’s Quickcast phone number from their mobile or visit the company’s Web site to listen to the audio stream on-demand. Because the services requires a phone call, make sure you have enough minutes to spare.

The start-up intends to use its new funding to grow its subscriber base and revenues.

Related Stories
Mediabistro Course

Creative Social Branding

Creative Social BrandingLearn how to create social buzz for your brand! Starting November 24, the VP of content strategy at DBA will teach you how to speak and write to different audiences on social platforms, identify and engage with current trends and influencers, and build an excellent social strategy to amplify your numbers and rate engagement. Register now!