Video Archives

Yodio, Inc.

Product Name

Yodio

Market Segment

Consumer

Funding

Series A: Self-funded and privately funded, $500,000. Currently raising $2.8 million in Series B.

Competitors

Evoca

Product Description

Yodio is a new online destination community for creating and sharing audio casts. Unlike most podcast Websites, Yodio features a proprietary audio-publishing service that makes it fast, easy, and fun to produce short, high-impact audio casts. Yodio also features a rich marketplace where recordings—called “yodios”—can be rated, streamed or downloaded to most portable devices. And, the marketplace includes one of the first micro-payment systems that rewards audio creators with royalties and supports audio advertising.

Market Opportunity

Jupiter Research predicts 100 million MP3 players will be in use in the United States by 2011. A 2006 Pew Internet study estimates that 48 million Americans have contributed content on the Internet. In addition, the Diffusion Group forecasts the number of podcast downloaders to explode from 4.5 million in 2004 to 60 million by 2010.

Demo Says

So you want to be a radio star? Yodio can make it happen. These easy-to-make, easy-to-distribute podcast tools let virtually everyone create and add audio content to their Websites. It would be easy to see Yodio as a consumer content tools company, and that it is. But behind this audio community is some very smart sound processing technology that makes it super simple for non-technical people to create professional-sounding results.