With the new funding, I Am Pop hopes to help indie and up-and-coming artists break into the mainstream through direct messaging tools. I Am Pop has confirmed a major milestone. The Dutch direct messaging startup has raised €2 million ($2.3 million) in …
Category archives: Investor + VC Financing
Eventbrite Shares Plunge Nearly 30% on Disappointing Earnings
Heavy spending, weak financials, and ‘migration challenges’ at Eventbrite are spooking Wall Street. As part of its aggressive international expansion plan, Eventbrite recently confirmed the launch of a localized platform in Singapore. The company will …
Kobalt Confirms New Funding Round That May Exceed Well Over $100 Million
Founded nearly 20 years ago, Kobalt prepares for a possible record infusion of cash to continue its worldwide expansion. According to a new report, Kobalt Music Group (KMG) has now aimed to raise the biggest fundraising round in its history. The move c…
Tencent Music Confirms ‘Strategic Investment’ in Rival Douban FM
Tencent Music’s strategic investment may finally help Douban FM compete in the Chinese streaming music market. As of late, Tencent Music Entertainment (TME) has enjoyed a good ride. Two months ago, the music division of Chinese conglomerate Tencent Hol…
Antesfoco, a Paris-Based AI Company, Raises $4.5 Million In Funding
Can Antescofo convince mobile users to line up behind Metronaut’s subscription-based model? According to a new report, Metronaut, a new mobile app, ‘could change the way you play classical music.’ Metronaut allows users to play their own musical instru…
Musiio Raises $1 Million to Package AI Curation Services to Music Services
Musiio has raised $1 million from several investors. Wavemaker Partners, Exponential Creativity Ventures were the two biggest names to jump into this initial round. Several other undisclosed angel investors took part in the financing. Musiio is a musi…
Despite a Profitable Quarter, Sonos’ Stock Plummets More Than 15%
Sonos’ CFO and consumer trends have managed to undercut an otherwise successful quarter at the company. Sonos has posted the financial results of its first quarter of 2019 ended December 29th, 2018. Generating the most profitable quarter to date, the h…
Festicket Unveils $4.6 Million Investment from Edge
Festicket has just secured yet another major investment to continue its expansion into more key markets. Several months ago, British online booking platform Festicket confirmed a fundraising milestone. The company secured $10.5 million in a Series D fu…
Festicket Unveils a $4.6 Million Investment from Edge
Festicket has just secured another major investment to continue its expansion into more key markets. Several months ago, British online booking platform Festicket confirmed a fundraising milestone. The company secured $10.5 million in a Series D fundin…
Former BMG President Zach Katz Teams Up with Ripple and Scooter Braun to Launch Investment Group
Zach Katz, Scooter Braun, and Ripple want to invest in ‘revolutionary’ tech companies to desperately innovate the music industry. Zach Katz, BMG’s former President, has confirmed the launch of a new joint venture group. In partnership with Scooter Brau…