London-based Emoticast, a maker of apps that allow users to share music and entertainment content, announced that it has raised $5 million from several angel investors. The angels include tech and entertainment leaders, including Napster co-founder Sean Parker through Strangeloop Ventures, Black Eyed Peas co-founder will.i.am, the DJ David Guetta, former Maker Studios CEO Ynon Kreiz, Jason Epstein, Nicole Junkermann through Montilla International Corporation, and Alan Cannistraro.
Berlin’s Native Instruments has acquired LA-based Metapop, a platform for monetising remixes for creators and rights holders. No figures have been disclosed. Metapop’s proprietary platform helps rights holders find remixes of their content online and devise revenue sharing deals with the creators. Native Instruments makes hardware and software for music production. Matthew Adell, founder of […]
Berlin-based SoundCloud, a popular music sharing and streaming platform, announced that it has raised $70 million in debt financing. The credit comes from Ares Capital, Kreos Capital, and Davidson Technology.
UK-based Sentric Music has received an investment of £3 million from the Business Growth Fund (BGF) to help advance the music publisher’s international expansion plans. BGF is an independent company backed by five of the UK’s main banking groups – Barclays, HSBC, Lloyds, RBS and Standard Chartered.
Devialet, the French speaker company, has raised €100 million in a Series C round from several investors to boost its expansion in the US and Asia. Ginko Ventures led the round with participation from Korelya Capital, Foxconn, Groupe Renault, Sharp Corporation, Playground Global, Naver, Roc Nation, Future French Champions, CM-CIC Investissement, and BPI France. With […]
Stockholm’s Soundtrap has raised a $6 million Series A round to enhance its cloud-based music recording platform. The round was led by Industrifonden along with former Spotify CFO Peter Sterky. Soundtrap’s platform allows musicians to record and collaborate regardless of device or OS. The startup projects a million users by the end of the year. […]
Tech.eu caught up with fledgling Berlin-based tech startup Mimi about its new app that claims to improve your music listening by measuring your ear health.