Ruckus fails. What went wrong?

11.02.2009

Ultimately, Ruckus' demise appears to be tied to problems at its parent company. According to , TotalMusic has in recent months laid off several employees, including senior managers, and this week, .

Ruckus backers included Battery Ventures, Anschutz Investment Co., Columbia Capital, Eastward Capital, Pinnacle Ventures and Shelter Capital, who provided the service with approximately $43 million in funding since 2004, according to .