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Illustration: Aïda Amer/Axios

Callin, a San Francisco-based social podcasting app, raised $12 million in Series A funding co-led by Sequoia Capital, Goldcrest Capital and Craft Ventures (which incubated the company).

Why it matters: This could be the holy grail of podcast production; a single software stack for recording, editing, transcription and distribution. Plus an added twist of live audience participation (i.e., Clubhouse, but with a long tail). Key will be achieving high quality audio, which can be hard to do via mobile apps (just ask Anchor FM, now owned by Spotify).

Listen up: Last night Axios interviewed David Sacks of Craft Ventures, who co-founded Callin and is serving as its executive chairman. The conversation will be available soon on the app, which this morning came out of beta (update: here it is).

The bottom line, via Axios' Sara Fischer: "In the end, standalone podcast apps almost always get bought by bigger music subscription apps as added value."

Go deeper

Omaze raises $85 million from VCs for non-profit fundraising

Illustration: Aïda Amer/Axios

Omaze, a company that helps nonprofits fundraise by organizing sweepstakes, has raised $85 million in Series C funding led by Louis Bacon’s Moore Strategic Ventures.

Why it matters: While Omaze's customers are non-profits, the company is not only a for-profit, but also taking in venture dollars — a financing model that's often criticized for pushing companies to prioritize growth and shareholder returns over their impact on society.

Oct 5, 2021 - Podcasts

Facebook’s very bad few days

Yesterday, Facebook faced a major outage that knocked out all of its apps — Facebook, Instagram, and WhatsApp — for hours, across the globe. This came on the heels of revelations by whistleblower Francis Haugen, a former Facebook employee who leaked thousands of documents showing how the platform prioritizes profits over people.

  • Plus, the scramble to contain one of the largest oil spills in California’s history.
  • And, dating apps get political in Texas.

Guests: Axios' Sara Fischer, Andrew Freedman and Michael Mooney.

Credits: Axios Today is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Dan Bobkoff, Alexandra Botti, Nuria Marquez Martinez, Sabeena Singhani, Lydia McMullen-Laird, David Toledo, Michael Hanf, and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.

Go deeper:

21 mins ago - Technology

Scoop: Facebook exec warns of "more bad headlines"

Illustration: Annelise Capossela/Axios

In a post to staffers Saturday obtained by Axios, Facebook VP of global affairs Nick Clegg warned the company that worse coverage could be on the way: “We need to steel ourselves for more bad headlines in the coming days, I’m afraid.”

Catch up quick: Roughly two dozen news outlets had agreed to hold stories based on leaked materials from Facebook whistleblower Frances Haugen for Monday publication — but the embargo fell apart Friday night as participating newsrooms posted a batch of articles ahead of the weekend.