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

Instagram Marketing

Instagram MarketingStarting October 27, learn how to gain likes and followers on one of the most popular social media platforms! In this course, you'll learn how to develop an Instagram strategy that will make your profile stand out and gain new followers, tell a brand story through photos, and use your Instagram profile to drive your sales and business objectives. Register now!