Lexy, a service that lets you listen to short news and entertainment podcasts on-demand by dialing 415-692-4933 on your mobile phone, has brought in $458,000 of an expected $800,000 round of debt, rights and securities, according to a filing with the SEC.
Based in San Francisco, the company raised $1.25 million in seed funding from KPG Ventures in March. It’s unclear whether KPG was involved in the new round of debt financing.








