Ecast Raises $17M For 10K Digital Jukeboxes

Ecast, a maker of digital jukeboxes, has secured $17 million in new funding from new investor LG Electronics. Current investors including Foundry Group, Escalate Capital Partners, DCM and Crosslink Capital also particpated in this round.

The company operates a network of 10,000 internet connected digital jukeboxes in bars and restaurants which, in addition to music, also display more an a billion interactive ads monthly.  Sony BMG, Warner Music and Universal and indie artists distributed via IODA all offer songs on Ecast.