Audio series platform Pocket FM has scooped up $103 million in its Series D round led by Lightspeed, and with participation from Stepstone Group.

The new funding will strengthen Pocket FM's push into the US market and also support global expansion as the company plans to expand into Europe and LATAM markets this year, the firm said in a press release.

Pocket FM facilitates long-form audio content including audio shows, stories, and novels. The company will keep creating exclusive content libraries by providing a platform to the writer community.

This latest round brings Pocket FM's total funding to date to $196.5 million. Entrackr had exclusively reported about Pocket FM's new fundraise in October last year.

Read the complete Pocket FM funding news HERE.