Podcast Boom Sees Acast Record $5m Funding

Podcast Boom Sees Acast Record $5m Funding

Podcast hosting platform Acast has raised $5m from Swedish firm Bonnier Growth Media and extra funds from existing investor Moor to expand in Europe and the US.

The Swedish platform – led in the UK by former Spotify executive Ross Adams – aims to capitalise on the resurgence of the medium by enhancing podcasts with videos, links and images while they play on smartphones.

Read the full story on the Independent