Popular podcasting site BlogTalkRadio has raised $1.9 million in Series B funding from the Kraft Group, Howard Lindzon, Roger Ehrenberg and founder Alan Levy. BlogTalkRadio, which was founded in 2006 and allows anyone can set up a podcast or “radio talkshow” over the web using phone calls, had previously raised $4.6 million in Series A funding in 2008 led by the Kraft Group.
This additional funding will be used for product development and to help BlogTalkRadio expand its solutions to other verticals. BlogTalkRadio’s unique platform allows individuals and companies to use a phone to conduct a live broadcast via the web. Participants dial a phone number, enter the broadcast and then the entire conversation is streamed on air live through the BlogTalkRadio Web site. The site also archives all radio shows as podcasts, so they can easily be uploaded to iTunes and then shared on other blogs, sites etc.
BlogTalkRadio’s founder and CEO, Alan Levy says the site is currently seeing more than 7 million listeners/downloads per month. BlogTalkRadio currently has over 500,000 episodes on the site and is seeing 4.5 million uniques per month.
BlogTalkRadio also has content partnerships with PBS, Women’s Day Magazine, Wal-Mart, Harper Collins, and Sun Microsystems And last October, BlogTalkRadio launched a micro-podcasting platform called Cinch that allows users to share short format audio with text and images to Facebook, Twitter, and Cinchcast.com.