Calm Radio gears up for growth with $1.25M in financing

TORONTO – Music streaming service Calm Radio has secured $1.25M in financing from BDC and TD Commercial Banking, the company announced Tuesday during the Collision Conference in Toronto.Founded in 2009, Calm Radio offers more than 375 ad-supported and subscription channels with an emphasis on relaxation, mindfulness and sleep music."We are thrilled to be partnering with two major forces in the Canadian finance community to help us grow our business," said Calm Radio founder and CEO Eric Harry, in the announcement. "These funds will help us further accelerate our growth after another amazing year at Calm Radio."Calm Radio said that it grew...