QLoud Finds Angels

QLoud, an online music startup with social networking features, has raised an undisclosed amount of VC funding led by Steve Case's Revolution LLC. Other individual angels included Chris Blackwell (founder of Island Records), Dave Goldberg (former head of Yahoo! Music), Jim Bankoff (former head of AOL's online music properties); Ted Leonsis (AOL vice chairman emeritus), Paul Vidich (former EVP of strategy and biz dev with Warner Music) and Tom Ryan (former global SVP of digital and mobile strategy with EMI).

PRESS RELEASE
Steve Case's Revolution LLC (http://www.revolution.com/) today announced that it has formally launched a new online music service — Qloud (http://www.qloud.com/) (pronounced “cloud”). With 1 million registered users and 120 million recorded plays in less than three months, Qloud's My Music application (http://apps.facebook.com/qloud_app/) built on Facebook