955 Dreams has raised a $3.25 million seed round, with participation from 500 Startups, m8 Capital, Kapor Capital, Felicis Ventures and CrunchFund (super disclosure! Arrington practically wrote this post). Dave McClure will be joining the board as the first outsider. 955  Dreams is also launching its iPad-optimized version of their popular “Band of the Day” iPhone app.

[Source: TechCrunch]