Las Vegas Startup Banjo Raises $16M

VegasTechFund backed social media startup Banjo has raised $16 million in Series B funding. This brings the team’s total raised to date to $21 million.

Banjo launched its Web app, and released iOS and Android versions of its mobile app with a new feature called Banjo Rewind last week.

Banjo is all about delivering live content that is indexed by location and context, however when people miss a news or major event, Rewind allows the user to relive the moment,” Banjo CEO and founder Damien Patton explained in an interview (reported by TechCrunch.) “It’s the first location-based social graph, with a complete historical reference, drawing on posts that may have otherwise expired on your Facebook, Instagram or Twitter feeds.

Banjo was founded in 2011 and has headquarters in Redwood City, California.  The majority of its 30 full-time employees are now in Las Vegas at The inNEVation Center.

Banjo gives users an easy way to view aggregated, relevant social-media conversations about breaking news and other interesting events pegged to a particular geographic location or venue, in one stream, reports the Wall Street Journal.

Read more about Banjo’s big news at  Wall Street Journal Las Vegas Startup Banjo Raises $16M to Become ‘TiVo for Social Media’.

About Banjo:  Instantly see what’s happening anywhere in the world right now. Banjo is real time discovery across social networks. Banjo brings the experience of being anywhere in the world through the eyes of the people who are actually there. Banjo takes you beyond your network and live into what is happening anywhere you want to go. Whether you want to visit a specific event or you’re curious to experience someplace new, it’s the next best thing to being there.

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