User:Pescatello/Qloud

Qloud is a music discovery service founded by AOL executives in 2006

Qloud is an LA-based music discovery and consumption service. It claims over 5 million active users based in more than 100 countries.[1] In April 2008, Buzznet Inc. acquired Qloud and relocated them from DC to Los Angeles.

Product
Qloud works specifically with social networks (Facebook, Bebo, MySpace, etc.). Using a plugin to a user's music player, such as iTunes, WMP or Winamp, Qloud connects a user's player with their profile on the social network. Within the social network, Qloud builds a detailed profile of each user's music library and listening history by recording details of all the songs the user listens to. Users can view, play or share any track in Qloud's library of 8 million tracks

Funding
Qloud was initially funded by former AOL founder Steve Case. It then did an A round with funding by Case and other angels - specifically founder of Launch.com David Goldberg, Vice-Chairman of AOL Ted Leonsis, and EVP of AOL Jim Bankoff. Other members who joined Qloud's board at this time were Island Records Founder Chris Blackwell, former Warner Music CTO Paul Vidich and former EMI SVP Tom Ryan.