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# Pandora Gets More Funding
- URL: https://www.hypebot.com/pandora-gets-more-funding/
- Published: 2010-06-03T08:23:06.000Z
- Updated: 2010-06-03T08:23:06.000Z
- Description: Pandora has raised an undisclosed amount of new funding, according to a statement from the company. This round was led by GGV Capital along with Allen & Company. Pandora had. Continue reading [https://www.hypebot.com/hypebot/2010/06/pandora-gets-more-funding.html]
- Author: Bruce Houghton
- Tags: Social Media, Streaming, #wp, #wp-post, #Import 2026-01-21 10:59

[![image from npinopunintended.files.wordpress.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e20133efbab3f3970b-150wi "image from npinopunintended.files.wordpress.com")](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/npinopunintended-files-wordpress-com/2009/10/pandora1.jpg?ref=hypebot.com) Pandora has raised an undisclosed amount of new funding, according to a statement from the company. This round was led by GGV Capital along with Allen & Company. Pandora had previously raised $56.3 million.

Pandora is hugely property and one of the few music 2.0 companies that can claim profitability, but it appears to be a tenuous victory. CEO Tim Westergren has said publicly that Pandora earned $50 million last year, mostly from advertising. But even after a new deal was announced last year, royalty payments to SoundExchange were $28 million plus payments to publishers and operating costs. 

Attracting even more users to drive more advertising appears to be Pandora's most direct path to long term success.