The Bop.fm team will now "apply our consumer product DNA to help enhance the services that LifeLock delivers." The YCombinator backed startup had previously raised $2 million in two see rounds.
Bop.fm had aggregated music services invluding Spotify, Rdio, iTunes, YouTube, SoundCloud and Deezer into a single interface. Users could search for a song, play it using any service, and share it with any friend even if they used a different service. bop.fm had powered service-agnostic music playback for Rap Genius, as well as other music bloggers and others.
"Building out a central destination for consumers can be very expensive and require hundreds of millions of dollars in funding, in an industry fraught with monetization concerns,: wrote the founders. "As we considered the future direction of the company, we debated the tradeoffs between doubling down on a risky endeavor versus aligning ourselves with more promising opportunities that had presented themselves."
Read more and learn how to export Bop.fm playlists here.
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