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Music Startup Received $458.8 Million.
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Showing posts with label
Music Startup Received $458.8 Million.
Show all posts
It never hit the half-a-billion mark, but there was certainly a lot of cash being thrown at music startups this year. That is, $458.8 million worth of financing, of which Spotify claimed a handsome $100 million chunk. Other gigantic rounds included Beyond Oblivion, which lured an obscene $77 million, though the average round was $10.2 million. Digital Music News has been tracking and reporting every round, often before the formal announcement. If you'd like the xls file to play around with, just drop a comment and we'll get it to you.
