> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Jelli Raises $21 Million From Universal Music, iHeartMedia, Others
- URL: https://www.hypebot.com/jelli-raises-21-million-from-universal-music-iheartmedia-others/
- Published: 2015-06-23T07:55:00.000Z
- Updated: 2015-06-23T07:55:00.000Z
- Description: Jelli, an audio advertising platform has closed a $21 million Series B round of financing. Investors included Relay Ventures, Intel Capital, First Round Capital, iHeartMedia and Universal Music Group.
- Author: Bruce Houghton
- Tags: Music Tech, Radio & Satellite, Startups & Funding, #wp, #wp-post, #Import 2026-01-21 10:28

[![image from www.jelli.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb08472b9c970d-150wi "image from www.jelli.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb08472b9c970d-popup?ref=hypebot.com)**Jelli,** an audio advertising platform has closed a **$21 million** Series B round of financing. Investors included **Relay Ventures, Intel Capital, First Round Capital, iHeartMedia** and **Universal Music Group.**

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Jelli today announced that it has closed a $21 million Series B financing. Investors included Relay Ventures, Intel Capital, First Round Capital, iHeartMedia and Universal Music Group. This funding brings the total amount raised to $37.6 million.

[![image from www.jelli.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d12c8070970c-350wi "image from www.jelli.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d12c8070970c-popup?ref=hypebot.com)

In April, Jelli was selected as the technology partner to power programmatic and automated ad buying for iHeartMedia's 858 radio stations, and for Expressway from Katz, an industry wide programmatic buying ad exchange for broadcast radio.

"Programmatic advertising is surging across the entire advertising landscape, and by powering iHeartMedia and Katz Media Group’s networks, we are enabling broadcast radio to participate and make buying an audio ad as easy as buying a digital ad,” said Mike Dougherty, Chief Executive Officer of Jelli.