Tracxn Research - Music Tech Landscape, January 2017

Music Tech Report – January 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.

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Music Tech Report – January 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.3

Contents

Topic Page No.

Scope of Report 04

Entrepreneur Activity 06

Investment Trend 13

Who is Investing 22

Exit Outlook - IPO, Acquisitions 26

Sub Sector Analysis 29

Interesting Companies 48

Useful Links 58

Company List 61

Team 181


Sector Overview

Scope of report

The report covers online platforms which help in creation, distribution, discovery, and consumption of music.

This report covers the following:

• Online companies which help in music consumption and distribution

• Online radio and on-demand music streaming platforms (subscription based and/or ad-supported)

• Aggregators which source music from third-party streaming platforms and music discovery platforms

• Companies providing music streaming and online jukebox for venues like restaurants, retail stores, etc.

• Marketplaces and retail platforms for licensing music for commercial use like Ads, movies, etc.

• Companies which help in music creation: DJ’ing, mixing, mastering, collaboration, karaoke applications, and social musicsharing platforms

• Online first companies which enable artists in managing distribution/royalties and social connect with fans and professionals

This report does not cover the following:

• Media houses, music publishers, music labels, radio broadcasters

• Speaker, earphone, music instrument, and other audio equipment manufacturers

• Podcasts and audiobook related companies

The scope of this report includes equity as well as debt funding raised by the companies.

Disclaimer: The information and data in the report is based on global developments tracked in the sector till December 8, 2016. This is to categorically state that any eventsand relevant developments after the said date will not reflect in the report.


Scope of Report

Entrepreneur Activity

Investment Trend

Who is Investing

Exit Outlook - IPO, Acquisitions

Sub Sector Analysis

Interesting Companies

Useful Links

Company List

Team

5


64

84

116

104100

80

34

0

28

56

84

112

140

2010 2011 2012 2013 2014 2015 2016

Nu

mb

er o

f C

om

pan

ies

6

YoY – Number of companies founded

Lizhi Qingting China Music Corp Beats Music Music Messenger Bkstg Chromatic.fm

StarMaker Turntable.fm Changba Musical.ly Baboom Stashimi qWaqq


Large Upcoming Sectors

No. of Companies Founded

Average Age

No. of Companies Funded

Business ModelTotal

FundingExample

20 Feb-2013 9Creation > For Amateurs > Short Videos

$115M musical.ly

Musical.ly2013, San Francisco

16 Sep-2012 5 Aggregator > Discovery > Curated $9M pairade.com

Pairade2015, Chicago

35 May-2012 17Creation > For Professionals > Collaboration

$25M splice.com

Splice2013, New York City

15 Apr-2012 3Distribution > On-Demand > Licensed Content > Subscription > Indian

$134M saavn.com

Saavn2007, Gurgaon

62 Jan-2012 27Aggregator > Discovery > Social Sharing

$107M musicmessenger.co

Music Messenger2014, Herzliya

40 Jan-2012 18Artist Support > Social Connect > Fan Engagement

$61M bkstg.com

Bkstg2015, Los Angeles

27 Sep-2011 11 Aggregator > Discovery > Automated $6M tunigo.com

Tunigo2010, Stockholm

27 Jul-2011 13Artist Support > Social Connect > Professional Network

$16M muzooka.com

Muzooka2011, Greenbrae




Average Age


Business ModelTotal

FundingExample

51 Jan-2010 21Music for Businesses > For Venues > Streaming

$67M soundtrackyourbrand.com

Soundtrack Your Brand2013, Stockholm

31 Jul-2009 17Artist Support > Distribution Channel Manager

$43M official.fm

Official fm2010, Geneva

30 Jul-2009 12 Aggregator > Personal Cloud $24M avvenu.com

Avvenu2004, Palo Alto

26 May-2009 17 Creation > For Amateurs > Karaoke $202M smule.com

Smule2008, San Francisco

42 Apr-2009 19Distribution > On-Demand > Open Content > Subscription > Global

$257M soundcloud.com

SoundCloud2008, Berlin

23 Nov-2008 15Distribution > On-Demand > Licensed Content > Subscription > Chinese

$328M kkbox.com

KKBox2004, Taipei

25 May-2008 8Distribution > Online Radio > Licensed Content > Global > Curated

$122M slacker.com

Slacker2006, San Diego

59 Nov-2007 26Distribution > On-Demand > Licensed Content > Subscription > Global

$3.1B spotify.com

Spotify2006, Stockholm




Average Age


Business ModelTotal

FundingExample

52 Sep-2007 20Distribution > Online Radio > Licensed Content > Global

$228M playlist.com

Playlist2006, Los Angeles

72 Apr-2007 15Music for Businesses > For Ads/Movies

$30MMusic Dealers2008, Chicago


Niche Upcoming Sectors


Average Age


Business ModelTotal

FundingExample

9 Aug-2013 2 Creation > Automated Music Creation $4M jukedeck.com

Jukedeck2012, London

1 Jan-2013 1Distribution > Online Radio > Licensed Content > Korean

$11M beatpacking.com

The Beatpacking Company2013, Seongnam-si

9 Nov-2011 6 Creation > For Amateurs > Co-creation $18M soundtrap.com

Soundtrap2012, Stockholm

1 Jan-2011 1Distribution > On-Demand > Licensed Content > Subscription > Arabic

$3M anghami.com

Anghami2011, Jounieh

4 Sep-2010 2Distribution > Online Radio > Licensed Content > Chinese

$26M kaolafm.com

Kaola FM2013, Beijing

13 Aug-2008 4Distribution > Online Radio > Broadcast Aggregator

$63M tunein.com

TuneIn2002, San Francisco

6 Aug-2000 4 Music for Businesses > For Telecom $6M paytunes.in

PayTunes2015, Delhi

2 Jun-2004 1Distribution > On-Demand > Licensed Content > Subscription > Russian

$26M zvooq.com

Zvooq2009, Moscow


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

11


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YoY – Number of Rounds and Total Funding

$126M

$204M

$86M

$393M$356M

$505M

$585M

$1.0B

$1.4B

31

46

37

59 60

77 75

68

31

0

18

36

54

72

90

0

320

640

960

1280

1600

2008 2009 2010 2011 2012 2013 2014 2015 2016

Nu

mb

er of R

ou

nd

sFu

nd

ing

Am

ou

nt

(in

Mill

ion

s)

Funding Amount Number of Rounds


YoY – Number of Rounds by Stage

32 34

51

32 34

12

1920

15

27 23

9

86

10

14

9

7

0

16

32

48

64

80

2011 2012 2013 2014 2015 2016

Nu

mb

er o

f R

ou

nd

s

Seed Early Late

NOTE: Convertible Debt rounds are not included


YoY – Funding by Stage

$16M $11M $23M $18M$41M

$4M

$99M

$61M $19M

$226M

$117M

$54M

$278M

$284M

$213M

$339M

$332M

$333M

0

140

280

420

560

700

2011 2012 2013 2014 2015 2016

Tota

l Fu

nd

ing

Am

ou

nt

(in

Mill

ion

s)

Seed Early Late

NOTE: Convertible Debt rounds are not included


Average Ticket Size – Early Stage

$0.7M $0.5M $0.6M $0.7M $0.7M $0.6M

$6.1M

$2.3M

$2.4M

$10.9M

$7.0M

$3.8M

$9.5M

$8.5M

$1.0M

$10.0M $8.7M

$15.5M

0.0

3.6

7.2

10.8

14.4

18.0

2011 2012 2013 2014 2015 2016

Fun

din

g A

mo

un

t (i

n M

illio

ns)

Seed Series A Series B


Top investments in last one year

CompanyFunding Amount

Round Name

Date Investors

spotify.comSpotify

(Stockholm, 2006)$1B

Convertible Debt

Mar-2016 TPG, Dragoneer Investment Group

deezer.comDeezer

(Paris, 2006)$109M Series E Jan-2016 Access Industries, Orange

musical.lyMusical.ly

(San Francisco, 2013)$100M Series C May-2016 GGV Capital, Greylock Partners, Qiming Venture Partners, DCM Ventures

soundcloud.comSoundCloud

(Berlin, 2008)$70M Series E Jun-2016 Twitter

app-echo.comEcho

(Shanghai, 2013)$30M Series C Jan-2016 Beijing Enlight Media

kaolafm.comKaola FM

(Beijing, 2013)$26M Series B Jun-2016 Legend Capital

smule.comSmule

(San Francisco, 2008)$22M Series E Jun-2016 Undisclosed

duomi.comDuomi Music

(Beijing, 2009)$10M Series D Dec-2015 Huayi Brothers Media Group, Beijing Enlight Media, Stone capital




Round Name

Date Investors

inmusik.coInMusik

(San Francisco, 2012)$7M Series A Feb-2016 Brand Capital

soundtrap.comSoundtrap

(Stockholm, 2012)$6M Series A Oct-2016 Industrifonden

zvooq.comZvooq

(Moscow, 2009)$5M Series B Jun-2016 Ulmart

splice.comSplice

(New York City, 2013)$5M Series A Oct-2016 Undisclosed

landr.comLandr

(Montreal, 2012)$3M Series A Sep-2016 Undisclosed

jukedeck.comJukedeck

(London, 2012)$3M Series A Dec-2015 Cambridge Innovation Capital, Playfair Capital, Park Walk Advisors

curmusic.com

Cur Media(South Glastonbury,

2009)$2M PE Apr-2016 Intuitive Venture Partners, Katalyst Securities LLC

curmusic.com

Cur Media(South Glastonbury,

2009)$2M PE Dec-2015 Undisclosed




Round Name

Date Investors

8tracks.com8tracks

(San Francisco, 2008)$2M Series A Feb-2016 Undisclosed

vydia.comVYDIA

(Freehold, 2013)$1M Seed Sep-2016 Pasadena Angels, Newark Venture Partners, Connected VC

chromatic.fmAnghami

(Jounieh, 2011)Undisclosed Series B Nov-2016 Samena Capital, du

woyaoxiege.comQingting

(Shanghai, 2011)Undisclosed Series D Feb-2016 Chinese Cultural Industry Investment Fund


Funnel view of Sector

Percent of Previous

41%

40%

36%

78

31

54

150

374

909

0 200 400 600 800 1000

M&A & IPO

Late

Series B

Series A

Funded

Founded

Number of Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

21


Most Active Investors in Sector

11

9

8

6 6

5 5 5

4 4

0

2

5

7

10

12

500 Startups Y Combinator Wayra Techstars True Ventures Index Ventures KPCB Sequoia Capital GGV Capital GreylockPartners

Tota

l Nu

mb

er o

f R

ou

nd

s

Smule BOP.fm humm Murfie TuneIn SoundCloud Spotify Changba SoundCloud Musical.ly

Pacemaker Earbits Dropshop UniqueSound Splice Last.fm SoundCloud Ruckus Networks Musical.ly Pandora


Where are Top Investors investing

500 Startups

Y Combinator

Wayra TechstarsTrue

VenturesIndex

VenturesKPCB

Sequoia Capital

GGV Capital

GreylockPartners

Distribution Get ChorusEarbits,

TheSixtyOne, Rebel.fm

FullnotaClyp,

LoudcasterTuneIn

SoundCloud, Last.fm

Spotify, SoundCloud,

A8 Digital Music

Ruckus Networks,

TuneIn, Songbird

SoundCloud, Pandora

Pandora, TheSixtyOne

CreationSmule,

Pacemaker, Khush

Karaokesmart, Pictune

PunditSplice,

CrossfaderCrossfader Crossfader Changba Musical.ly Musical.ly

AggregatorBOP.fm,

iJigg.com, Echodio

humm, Dropshop

MurfieSchematic

Labs, TastemakerX

8tracks Shazam Imeem

Artist Support

Fansi, SoundBetter

WhitenoiseNetworks

BquateUniqueSound, The Highway

GirlBandcamp BandPage Music Nation

Music for Businesses

Audiodraft, Brandtrack

Buzzoo, Hiveplay

Listen


Top Investor by Stage of Entry

Sequoia Capital 3

GGV Capital 2

Walden Venture Capital 2

Wellington Partners 2

500 Startups 1

AMMA Private Equity 1

AOL Ventures 1

Alibaba Group 1

Altos Ventures 1

Asiavest Partners 1

GGV Capital 4

Sequoia Capital 4

Institutional Venture Partners

3

KPCB 3

Access Industries 2

Beijing Enlight Media 2

Greylock Partners 2

Warner Music 2

137 Ventures 1

3i Group 1

Seed Series A Series B Later Stage

True Ventures 5

Sequoia Capital 3

A8 Digital Music 2

Amazon 2

BlueRun Ventures 2

Creandum 2

Deep Fork Capital 2

Felicis Ventures 2

Index Ventures 2

Lerer Hippeau Ventures 2

Y Combinator 9

500 Startups 7

Wayra 7

Start-Up Chile 4

Techstars 3

True Ventures 3

BDC Capital 2

Betaworks 2

Brooklyn Bridge Ventures 2

First Round Capital 2


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

25


Major Acquisitions in last one year

Date Company Acquirer Deal Size OverviewTotal

Funding

Nov-2016 musicdealers.comMusic Dealers

(Chicago, 2008)brandspins.com -

Global music licensing companyCoca-Cola, CSA Partners, G2T3V

$6.2M

Jul-2016 omusic.ccChina Music Corp

(Beijing, 2012)tencent.com -

Online platform for streaming musicTencent

$120M

Mar-2016 drip.comDrip

(New York City, 2013)kickstarter.com -

Platform for indie artists to crowdfund & connect with fansExpa, Collaborative Fund, Brooklyn Bridge Ventures

$1.5M

Feb-2016 bandpage.comBandPage

(San Francisco, 2009)youtube.com $8M

Online platform for fan engagement and managementMohr Davidow Ventures, GGV Capital, Western Technology Investment, Northgate, IDG Ventures USA

$27.5M

Feb-2016 groovemusicapp.comGroove

(Lahaina, 2009)microsoft.com -

Algo-based playlist curation platform

Jan-2016 tmsaudio.comTMS Audio Productions

(Jefferson City, 1992)

riversidecompany.com

-On-hold music & marketing services company

Jan-2016 soundwave.comSoundwave

(Dublin, 2012)spotify.com -

Location-based music discovery platformEnterprise Ireland, ACT Venture Capital, SparkLabs Global Ventures, NDRC, Xandex Investments

$1.8M

NOTE: There have been no IPO in last three years.


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

27


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December 2016Tracxn BlueBox : Music Tech

Cumulative funding in the sector

900+ companies in the sector, 204 funded in last 5 years, $2.4B invested in 2015/16

Most Active Investors: 500 Startups, Y Combinator, Wayra, Index Ventures 0

28

56

84

112

140

2012 2013 2014 2015 2016

YOY Startups Founded

0.0

0.3

0.6

1.0

1.3

1.6

2012 2013 2014 2015 2016

YOY Funding (in $B)

DISTRIBUTION

ON-DEMAND

$4.0B

CREATION

For AmateursMusical.ly(2013, $100M)

Licensed Content

StoreDJTunes(2005,$660K)

SubscriptionSpotify (2006, $2.1B)

Open Content

StoreGogoyoko(2007, $944K)

SubscriptionSoundCloud (2008, $193M)

ONLINE RADIO

Open ContentLarala (2010, $780K)

Licensed ContentSlacker(2006, $68M)

Licensed Content

Broadcast Aggregator

TuneIn(2002, $50.2M)

$405M

For ProfessionalsGobbler(2010, $6.3M)

AGGREGATOR

DiscoveryShazam(2002, $130M)

$308M

Personal CloudTuneUp(2007, $8.5M)

ARTIST SUPPORT

Social ConnectBkstg(2015, $20M)

Distribution Channel ManagerOfficial.fm(2010, $8M)

MUSIC FOR BUSINESSES

For VenuesSoundtrack Your Brand(2013, $10.9M)

For Ads/MoviesMusic Dealers(2008, $6.2M)

$98M$128M

29


Top Business Models by Funding

$4.1B

$405M $309M$130M $98M

0

900

1800

2700

3600

4500

Distribution Creation Aggregator Artist Support Music for Businesses

Tota

l Fu

nd

ing

Am

ou

nt

(in

Mill

ion

s)

Avg. Age Nov-08 May-11 Jun-11 Jan-11 Jan-08

# Cos. 302 184 184 110 129

Spotify Musical.ly Shazam BandPage TouchTunes

Deezer Smule Music Messenger Bkstg Soundtrack Your Brand


Distribution – Business Model Description

All online companies where musicians/labels can distribute music and users can consume music. These companies take rightsfrom content owners for streaming or selling music.

On-Demand Online Radio

Online music streaming platforms where users are fedwith a sequence of songs. Users might be allowed toskip some songs.

Platforms where users can select consecutive songs(on-demand) & stream or buy them.


Distribution – Entrepreneur Activity and Investment Trend

$79M$159M

$82M

$241M$317M

$429M$487M

$788M

$1.3B

13

27

20 21

25

21

29 28

13

0

7

14

21

28

35

0

280

560

840

1120

1400

2008 2009 2010 2011 2012 2013 2014 2015 2016N

um

ber o

f Ro

un

ds

Fun

din

g A

mo

un

t (i

n M

illio

ns)

YoY – Total Funding and No. of Rounds

24 25

15

26 26 27 28

14 14

0

6

12

18

24

30

2008 2009 2010 2011 2012 2013 2014 2015 2016

Nu

mb

er o

f C

om

pan

ies

Fou

nd

ed

YoY – No. of Companies Founded

99

35 3125

11 8 7 6

0

24

48

72

96

120

US UK China India Germany Singapore Indonesia Japan

Nu

mb

er o

f C

om

pan

ies

Distribution of Companies across Countries

$3.7B

$325M

191

90

0

50

100

150

200

250

0

800

1600

2400

3200

4000

On-Demand Streaming Online Radio

Nu

mb

er of C

om

pan

ies

Fun

din

g A

mo

un

t (i

n M

illio

ns)

BM wise Investment


Distribution – Most Funded Companies

Company Overview Business ModelFunding Amount

spotify.comSpotify

(2006, Stockholm)

Global on-demand music streaming platformAccel Partners, Fidelity Investments, Norwest Venture Partners, Goldman Sachs, Founders Fund, KPCB, GSV Capital, DST Global, Creandum, Northzone, Horizons Ventures, Wellington Partners, Lakestar, Technology Crossover Ventures, 137 Ventures, The D E Shaw Group, Harmony Partners, Millennium Technology Value Partners, GP Bullhound, TPG, TeliaSonera, 2020 Ventures, Lansdowne Partners, Baillie Gifford, Coca-Cola, Dentsu Digital Holdings, Discovery Capital, Halcyon, Li Ka Shing Foundation, PSAM, Darwin Ventures, Senvest Capital, Plus Capital, Stelac Capital Partners, Dragoneer Investment Group, Rinkelberg Capital

Distribution > On-Demand > Licensed Content > Subscription > Global

$2.06B

deezer.comDeezer

(2006, Paris)On-Demand music streaming and online radioCM-CIC Capital Prive, Access Industries, Idinvest Partners, Orange


$258.6M


(2008, Berlin)

Ad-supported music streaming open platformTwitter, Index Ventures, Union Square Ventures, KPCB, Institutional Venture Partners, GGV Capital, Doughty Hanson, German Startups Group, Eniac Ventures, Tennenbaum Capital Partners, Atlantic Labs

Distribution > On-Demand > Open Content > Subscription > Global

$193.3M

guvera.comGuvera

(2008, Gold Coast)Ad-based free music streaming platformAMMA Private Equity


$130.5M

rdio.comRdio

(2008, San Francisco)On-demand music streaming serviceSkype, Atomico, Mangrove Capital Partners, Mangrove Capital Partners


$126M

saavn.comSaavn

(2007, Gurgaon)

Freemium music and radio streaming service in IndiaIndia Internet Group, Tiger Global Management, Bertelsmann, Steadview Capital, India Internet Fund

Distribution > On-Demand > Licensed Content > Subscription > Indian

$126M


Distribution – Most Funded Companies


omusic.ccChina Music Corp

(2012, Beijing)Online platform for streaming musicTencent

Distribution > On-Demand > Licensed Content > Subscription > Chinese

$120M

beatsmusic.comBeats Music

(2013, San Francisco)On-demand music streaming platformAccess Industries


$120M


Creation – Business Model Description

Platforms which help professionals in music creation or amateurs in music creation & social sharing.

For Amateurs For Professionals Automated Music Creation

Platforms which are intended forprofessional music creation

Platforms which create music throughalgorithms

Non-professional users can create clips ofsongs/videos primarily for social sharing


Creation – Entrepreneur Activity and Investment Trend

$6M$16M

$0.1M

$23M $24M$14M

$38M

$153M$141M

75

6 7 8

14 13

23

12

0

5

10

15

20

25

0

36

72

108

144

180

2008 2009 2010 2011 2012 2013 2014 2015 2016N

um

ber o

f Ro

un

ds

Fun

din

g A

mo

un

t (i

n M

illio

ns)


10 11

16 16

27

23

31

20

7

0

7

14

21

28

35

2008 2009 2010 2011 2012 2013 2014 2015 2016

Nu

mb

er o

f C

om

pan

ies

Fou

nd

ed


62

24

10 8 8 7 6 6

0

14

28

42

56

70

US UK Israel India Sweden Germany Canada China

Nu

mb

er o

f C

om

pan

ies


$361M

$40M

75

46

0

16

32

48

64

80

0

80

160

240

320

400

For Amateurs For Professionals

Nu

mb

er of C

om

pan

ies

Fun

din

g A

mo

un

t (i

n M

illio

ns)

BM wise Investment


Creation – Most Funded Companies



(2013, San Francisco)

Online musical video creation and sharing appGreylock Partners, GGV Capital, DCM Ventures, ChinaRock Capital Management, Kingsoft Network Technology, Innovation Camp, Qiming Venture Partners

Creation > For Amateurs > Short Videos

$100M

smule.comSmule


Developer of social music-making & sharing appsBessemer Venture Partners, 500 Startups, Shasta Ventures, Adams Street Partners, City National Bank, Granite Ventures, ROTH Capital, Fraser McCombs Capital, Maples Investments, Theorem Ventures, Pharus Capital Management

Creation > For Amateurs > Karaoke

$90.2M

changba.comChangba

(2012, Beijing)

App that offers a portable solo KTV booth (Karaoke bar) for usersSequoia Capital, BlueRun Ventures, Lux Capital, CITIC Private Equity Funds Management, Vertex Ventures, Plum Ventures


$88M

lizhi.fmLizhi

(2010, Guangzhou)Mobile app that enables users to set up, upload, and create personalized audio clipsShunwei, Matrix Partners China, Xiaomi, Morningside Ventures

Creation > For Amateurs > Short Audio

$30M

starmakerstudios.comStarMaker


Music video creation and sharingQualcomm Ventures, XG Ventures, Western Technology Investment, iGlobe Partners, Ulu Ventures, Crosscut Ventures, The Raine Group, GREE, Joe Perez, Three Bridges Venture Partners, Crosscut Ventures


$13.5M

splice.comSplice

(2013, New York City)

Music creation and collaboration platformFirst Round Capital, SV Angel, Union Square Ventures, True Ventures, Code Advisors, WME Entertainment, AM Only, Lerer Hippeau Ventures, Plus Eight Equity, BoxGroup

Creation > For Professionals > Collaboration

$12.3M

landr.comLandr

(2012, Montreal)

Recording & mastering platformReal Ventures, Warner Music, TandemLaunch, Queen Mary Uni Londn, Plus Eight Equity, YUL Ventures

Creation > For Professionals > Mastering

$9.9M


Aggregator – Business Model Description

Platforms where users can create, manage, share, and discover playlists or individual tracks. These platforms are aggregators &source content from other platforms.

Discovery Personal Cloud

Users can access content across their own devices andcloud storage

Users can discover music through social sharing, curatedor automated recommendations, identification, etc.


Aggregator – Entrepreneur Activity and Investment Trend

$23M$15M

$7M

$53M

$6M

$51M

$38M

$87M

$10M5

6

9

19

15

21

1412

6

0

5

10

15

20

25

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014 2015 2016N

um

ber o

f Ro

un

ds

Fun

din

g A

mo

un

t (i

n M

illio

ns)


10

1412

21

35

15

20

27

9

0

8

16

24

32

40

2008 2009 2010 2011 2012 2013 2014 2015 2016

Nu

mb

er o

f C

om

pan

ies

Fou

nd

ed


81

22

12 9 8 7 6 6

0

18

36

54

72

90

US UK France Israel India Sweden Canada Germany

Nu

mb

er o

f C

om

pan

ies


$285M

$24M

111

20

0

24

48

72

96

120

0

60

120

180

240

300

Discovery Personal Cloud

Nu

mb

er of C

om

pan

ies

Fun

din

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Aggregator – Most Funded Companies


shazam.comShazam

(2002, London)

Music identification platformKPCB, Institutional Venture Partners, IDG ventures, DN Capital, Acacia Capital Partners, America Movil, Azini Capital Partners, Arts Alliance Ventures, Buran Venture Capital, Sony Music

Aggregator > Discovery > Identification

$130M

musicmessenger.coMusic Messenger(2014, Herzliya)

Music streaming and music messaging service Aggregator > Discovery > Social Sharing

$35M

imeem.comImeem


Social network for discovery and sharing musicFirst Round Capital, Sequoia Capital, Morgenthaler, Warner Bros, Warner Music, Adobe Ventures

Aggregator > Discovery > Social Sharing

$27.1M

crowdmix.meCrowdmix

(2013, London)Social music streaming & discovery platform Aggregator > Discovery >

Social Sharing$21M

soundhound.comSoundHound

(2005, Santa Clara)

Developer of sound recognition based mobile appsFelicis Ventures, Plug and Play Tech Center, Walden Venture Capital, Amidzad Partners, Western Technology Investment, TransLink Capital, Global Catalyst Partners, Pejman Mar Ventures, translinkcapital.net


$11M

avvenu.comAvvenu

(2004, Palo Alto)Cloud-based personal media sharing platformCharles River Ventures, Motorola, Worldview Technology Partners

Aggregator > Personal Cloud

$9M

tuneupmedia.comTuneUp

(2007, San Francisco)Music metadata identifier and library organizing platformIDG ventures, KPG Ventures

Aggregator > Personal Cloud

$8.5M


Artist Support – Business Model Description

Companies which help independent artists in managing distribution, connecting to fans and professionals.

Social Connect Distribution Channel Manager

Platforms which help artists manage distribution &royalties coming from streaming/buying platforms

Platforms where artists can showcase their work andconnect with fans or professionals


Artist Support – Entrepreneur Activity and Investment Trend

$14M $14M

$2M

$31M

$1M

$7M

$15M

$27M

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Artist Support – Most Funded Companies


bandpage.comBandPage


Online platform for fan engagement and managementMohr Davidow Ventures, GGV Capital, Western Technology Investment, Northgate, IDG Ventures USA

Artist Support > Social Connect > Fan Engagement

$27.5M

bkstg.comBkstg

(2015, Los Angeles)

Artist-fan connect platformLive Nation, Deep Fork Capital, Three Six Zero, Mark Cuban Companies, Modest Management, Scooter Braun, Lerer Hippeau Ventures


$20M

official.fmOfficial fm

(2010, Geneva)Online distribution management platform for artists Artist Support > Distribution

Channel Manager$8M

musicane.comMusicane

(2006, Venice)Music distribution enabler for artists Artist Support > Distribution

Channel Manager$7.7M

tunecore.comTuneCore

(2005, Brooklyn)Online platform for Music distributionOpus Capital

Artist Support > Distribution Channel Manager

$7M

musicnation.comMusic Nation

(2006, New York City)Indie artist and their works' discovery for fansGreylock Partners, Point Judith Capital


$6.5M

desihits.comDesihits

(2006, New York City)Indo-American artist connect platformDraper Fisher Jurvetson, Trident Capital, The D E Shaw Group

Artist Support > Social Connect > Professional Network

$5M

nimbit.comNimbit

(2004, Framingham)

Ticketing, merchandising, sales & distribution platform for artistsRose Tech Ventures, LaunchCapital, Common Angels, Hub Angels Investment Group, Vencore Capital

Artist Support > Social Connect > Crowdfunding > Reward

$4.8M


For Ads/Movies For Venues For Telecom

44

Music for Businesses – Business Model Description

Companies providing music solutions for enterprises (venues, advertisement or movie makers, telecom companies).

Companies providing music solutions forstores, restaurants, & similar business

Platforms where professionals, brands,marketing agencies can discover & licensemusic for commercial use.

Companies providing IVR solution orringtones for telecom industry


Music for Businesses – Entrepreneur Activity and Investment Trend

$4M $2M $1M

$48M

$8M $5M $6M

$19M

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$67M

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Music for Businesses – Most Funded Companies


touchtunes.comTouchTunes

(1998, New York City)Digital jukebox and karaoke provider for venuesVantagePoint Capital Partners, 3i Group, Searchlight Capital

Music for Businesses > For Venues > Streaming > Jukebox

$45M

soundtrackyourbrand.comSoundtrack Your Brand

(2013, Stockholm)Spotify-based music streaming subscriptions for businessesSpotify, Creandum, Northzone, Wellington Partners, TeliaSonera, PlayNetwork

Music for Businesses > For Venues > Streaming

$10.9M

musicdealers.comMusic Dealers

(2008, Chicago)Global music licensing companyCoca-Cola, CSA Partners, G2T3V

Music for Businesses > For Ads/Movies > Retail

$6.2M

musiwave.comMusiwave

(2000, Paris)Provider of music services to mobile device makersVentech, Orkos Capital

Music for Businesses > For Telecom

$5.7M

epidemicsound.comEpidemic Sound

(2009, Stockholm)Production music licensing platformCreandum


$5M

soundreef.comSoundreef

(2011, Rome)Marketplace for music to businessesLventure Group, VAM Investments

Music for Businesses > For Ads/Movies > Marketplace

$4M

rockbot.comRockbot

(2010, Oakland)

Mobile jukebox app for customer engagementGV, XG Ventures, Rincon Venture Partners, Accelerator Ventures, T5 Capital, Detroit Venture Partners, Susa Ventures, Universal Music Group, Penny Black

Music for Businesses > For Venues > Streaming

$3.9M

audiosocket.comAudiosocket

(2008, Seattle)Music licensing platformDenny Hill Capital


$3.5M


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

47


Interesting Unfunded Companies

Company OverviewBusiness Model

nagualsounds.comNagual Sounds

(2013, Land)Algo-based music creation Creation > Automated Music Creation

tomatoshark.comTomatoShark Music

(2014, Sherman Oaks)Music licensing marketplace

Music for Businesses > For Ads/Movies > Marketplace

BandLab(2014, Singapore)

Online social platform for Music makers. For Professionals > Collaboration

Yokee(2013, Tel Aviv)

Karaoke application For Amateurs > Karaoke

Kompoz(2007, Miami)

SaaS platform to collaborate with musicians and crowdsource music creation

For Professionals > Collaboration

ToneDen(2014, Berkeley)

Fan engagement platform for musicians Social Connect > Fan Engagement

Meet & Jam(2013, London)

Professional network for musicians and online marketplace for finding studios

Social Connect > Professional Network

Curated list of companies by the sector analyst are defined as Interesting


Interesting Seed Companies

Company Overview Business ModelTotal

Funding

Pacemaker(2012, Stockholm)

Music mixing and sharing app500 Startups, Spintop Ventures, Firestartr, Plus Eight Equity For Amateurs > Mixing $1M

Karaokesmart(2013, America)

Karaoke platform for smartphones and smart TVsWayra For Amateurs > Karaoke Undisclosed

SongArc Game(2014, San Mateo)

Gaming app for playing virtual tunesTraction Tribe

For Amateurs > Virtual Instruments

Undisclosed

Singa(2013, Helsinki)

Platform for karaoke based singing & sharingReaktor Ventures For Amateurs > Karaoke $525K

Nobex(2007, Santa Cruz)

Provide app for streaming live radio on mobileJLA Ventures

Online Radio > Broadcast Aggregator

$123K

Parola(2015, Tel Aviv)

Collaborative music creation and sharing platformUndisclosed For Amateurs > Co-creation $2M

Edjing(2009, Paris)

DJ mixing app developerEntrepreneur Venture For Professionals > Mixing $2.5M

paytunes.inPayTunes

(2015, Delhi)

App to set ad-jingles as ringtone and get paid for incoming callsIndian Angel Network, CIO Angel Network


$600K


Interesting Series A Companies


Funding

bkstg.comBkstg

(2015, Los Angeles)

Artist-fan connect platformLive Nation, Deep Fork Capital, Three Six Zero, Mark Cuban Companies, Modest Management, Scooter Braun, Lerer Hippeau Ventures


$20M

soundtrap.comSoundtrap

(2012, Stockholm)

Music co-creation & sharing platformIndustrifonden

Creation > For Amateurs > Co-creation

$8.5M

wholeworldband.comWholeWorldBand

(2008, Dublin)

App for co-creating music and sharingBalderton Capital, International Investment and Underwriting

Creation > For Amateurs > Co-creation

$6.8M

muzooka.comMuzooka

(2011, Greenbrae)

Platform for live music professionals to discover indie artists Artist Support > Social Connect > Professional Network

$4.1M

jukedeck.comJukedeck

(2012, London)

Automated music creation platformPark Walk Advisors, Playfair Capital, Cambridge Innovation Capital, Cambridge Enterprise, Backed, zeroth.ai

Creation > Automated Music Creation

$3.8M


Interesting Series B Companies


Funding

musicmessenger.coMusic Messenger(2014, Herzliya)

Music streaming and music messaging service Aggregator > Discovery > Social Sharing

$35M

kaolafm.comKaola FM

(2013, Beijing)

Online audio content service providerLegend Capital

Distribution > Online Radio > Licensed Content > Chinese

$26M

zvooq.comZvooq

(2009, Moscow)

Online music streaming platform of RussiaEssedel, Ulmart

Distribution > On-Demand > Licensed Content > Subscription > Russian

$25M

starmakerstudios.comStarMaker


Music video creation and sharingQualcomm Ventures, XG Ventures, Western Technology Investment, iGlobe Partners, Ulu Ventures, Crosscut Ventures, The Raine Group, GREE, Joe Perez, Three Bridges Venture Partners, Crosscut Ventures


$13.5M

beatpacking.com

The BeatpackingCompany

(2013, Seongnam-si)

Music streaming platform based out of S.KoreaAltos Ventures, LBInvestment, Capstone Partners, IMM Investment, Altos Ventures

Distribution > Online Radio > Licensed Content > Korean

$11M

anghami.comAnghami

(2011, Jounieh)

Arabic music streaming serviceMiddle East Venture Partners, du, MBC.Net, Samena Capital, Mobily Ventures

Distribution > On-Demand > Licensed Content > Subscription > Arabic

$2.8M


Interesting Late Stage Companies


Funding

deezer.comDeezer

(2006, Paris)On-Demand music streaming and online radioCM-CIC Capital Prive, Access Industries, Idinvest Partners, Orange


$258.6M


(2008, Berlin)

Ad-supported music streaming open platformTwitter, Index Ventures, Union Square Ventures, KPCB, Institutional Venture Partners, GGV Capital, Doughty Hanson, German Startups Group, Eniac Ventures, Tennenbaum Capital Partners, Atlantic Labs


$193.3M

guvera.comGuvera

(2008, Gold Coast)Ad-based free music streaming platformAMMA Private Equity


$130.5M

shazam.comShazam

(2002, London)

Music identification platformKPCB, Institutional Venture Partners, IDG ventures, DN Capital, Acacia Capital Partners, America Movil, Azini Capital Partners, Arts Alliance Ventures, Buran Venture Capital, Sony Music


$130M

saavn.comSaavn

(2007, Gurgaon)Freemium music and radio streaming service in IndiaIndia Internet Group, Tiger Global Management, Bertelsmann, Steadview Capital, India Internet Fund

Distribution > On-Demand > Licensed Content > Subscription > Indian

$126M

kkbox.comKKBox

(2004, Taipei)On-demand music streaming platformHTC Corporation, Chunghwa Telecom, GIC, KDDI Corporation, Adobe Ventures

Distribution > On-Demand > Licensed Content > Subscription > Chinese

$114M



Online musical video creation and sharing appGreylock Partners, GGV Capital, DCM Ventures, ChinaRock Capital Management, Kingsoft Network Technology, Innovation Camp, Qiming Venture Partners


$100M

smule.comSmule


Developer of social music-making & sharing appsBessemer Venture Partners, 500 Startups, Shasta Ventures, Adams Street Partners, City National Bank, Granite Ventures, ROTH Capital, Fraser McCombs Capital, Maples Investments, Theorem Ventures, Pharus Capital Management

Creation > For Amateurs > Karaoke $90.2M


Interesting Late Stage Companies


Funding

changba.comChangba

(2012, Beijing)

App that offers a portable solo KTV booth (Karaoke bar) for usersSequoia Capital, BlueRun Ventures, Lux Capital, CITIC Private Equity Funds Management, Vertex Ventures, Plum Ventures


$88M

tunein.comTuneIn


Online broadcast radio channels aggregatorSequoia Capital, General Catalyst Partners, Institutional Venture Partners, True Ventures, Google Ventures, Comcast Ventures, Jafco Ventures, ICCP Venture Partners, Startup Capital Ventures, Causeway Media Partners, Icon Ventures

Distribution > Online Radio > Broadcast Aggregator

$50.2M

qingting.fmQingting

(2011, Shanghai)

App only radio channel aggregatorSinovation Ventures, Chinese Cultural Industry Investment Fund

Distribution > Online Radio > Broadcast Aggregator

$12M


Top Funded Deadpooled Companies


Funding

rdio.comRdio

(2008, San Francisco)On-demand music streaming serviceSkype, Atomico, Mangrove Capital Partners, Mangrove Capital Partners


$126M

beyondoblivion.comMusic Liberation

(2009, New York City)Music streaming and sharing cloud platformNews Corp, Wellcome Trust


$87M

ruckusnetwork.comRuckus Networks

(2003, Cambridge)

Ad-supported music streaming platform for campusesSequoia Capital, Battery Ventures, Motorola, T-Venture, Investor, Sutter Hill Ventures, Columbia Capital, Shelter Capital Partners, Pinnacle Ventures


$52.2M

simfy.deSimfy

(2006, Berlin)Online music streaming platformEarlybird, Capnamic Ventures, NRW.BANK, DuMont Venture, Berlin Venture Partners


$23.1M

crowdmix.meCrowdmix

(2013, London)Social music streaming platform Aggregator > Discovery > Social

Sharing$21M

getsongbird.comSongbird

(2006, San Francisco)Indie music streaming platformSequoia Capital, Atlas Venture


$15M

myxer.comMyxer

(2005, Austin)Online radio streaming platformNew World Angels, Harris Preston & Partners, Morgenthau Venture Partners

Distribution > Online Radio > Licensed Content > Global

$9.5M

spiralfrog.comSpiralFrog

(2004, New York City)Ad-supported song downloads


$9M




Funding

musicane.comMusicane

(2006, Venice)Music distribution enabler for artists Artist Support > Distribution

Channel Manager$7.7M

turntable.fmTurntable.fm

(2011, New York City)Social music sharing & streaming platformFirst Round Capital, Union Square Ventures, Lowercase Capital, Polaris Partners

Aggregator > Discovery > Curated > Crowd-curated

$7M

musicnation.comMusic Nation

(2006, New York City)Indie artist and their works' discovery for fansGreylock Partners, Point Judith Capital


$6.5M

blinkboxmusic.comBlinkbox Music(2007, Oxford)

Internet radio streamingQualcomm, Pentech Ventures, Spark Ventures, GP Bullhound, Eden Ventures

Distribution > Online Radio > Licensed Content > Global > Curated > Crowd

$6M

musiwave.comMusiwave

(2000, Paris)Provider of music services to mobile device makersVentech, Orkos Capital


$5.7M

mercora.comMercora

(2003, Sunnyvale)P2P radio streamingNorwest Venture Partners

Distribution > On-Demand > Licensed Content > Subscription > P2P

$5M

boomio.comBoomio

(2014, Seattle)Music streaming & sharing app


$2.1M

flytcast.fmFlyCast

(2006, Lancaster)Offline enabled radio serviceventure-forum.org


$2.1M




Funding

rockola.fmRockola

(2007, Madrid)Internet radio streamingcorporaccioncan.com


$2M

myijukebox.comiJukebox

(2010, Boston)Interactive jukebox platform for retailers Music for Businesses > For

Venues > Streaming > Jukebox$1.9M

dazzboard.comDazzboard

(2007, Espoo)Digital media manager provide gateway to transfer media filesVeraventure

Aggregator > Personal Cloud $1.5M

noisetoys.comNoiseToys

(2010, San Francisco)App for music discovery and promotionEcosystem Ventures, Signia Venture Partners, DCM Ventures

Aggregator > Discovery > Clips $1.2M

grooveshark.comGrooveshark

(2006, Gainesville)Open music streaming and sharing platformEchoVC Partners, Montage Capital, Partners for Growth


$1.1M

gsound.comGsound

(2012, Palo Alto)Song identification app Aggregator > Discovery >

Identification$1M

uniquesound.comUniqueSound

(2014, New York City)Platform for artists to showcase & pitch their workFoundry Group, Techstars, ISAI

Artist Support > Social Connect > Professional Network

$1M

justsingit.comJust Sing

(2012, New York City)Instagram for singing and sharingLerer Hippeau Ventures, Eniac Ventures, Tribeca Venture Partners, M8 Capital


$1M


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

57


Useful Links

Slide Title Content Platform Link

List of All Companies in readable format Companies Link

Large Upcoming Sectors Entrepreneur Activity Link

Niche Upcoming Sectors Entrepreneur Activity Link

Top investments in last one year Investment Trend Link

Major Acquisitions in last one year Exit Outlook - Acquisitions Link

Distribution – Most Funded Companies Sub Sector Understand Link

Creation – Most Funded Companies Sub Sector Understand Link

Aggregator – Most Funded Companies Sub Sector Understand Link

Artist Support – Most Funded Companies Sub Sector Understand Link

Music for Businesses – Most Funded Companies Sub Sector Understand Link

Top Funded Deadpooled Companies Companies Link

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Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

60


Music Tech – Company List

Distribution Creation Aggregator Artist Support Music for Businesses

374 FUNDED COMPANIES AND 535 UNFUNDED COMPANIES

COVERS THE FOLLOWING SECTORS


Distribution (1/39)Company Overview Business Model Total Funding

Psonar(2008, London)

Music streaming with al-a-carte paymentSyndicate Room, Beacon Capital On-Demand > Licensed

Content > Store > Global$900k

DJtunes(2005, Bochum)

Dance music download portalHigh-Tech Grunderfonds On-Demand > Licensed

Content > Store > Global$660k

ReelTrak(2013, Aarhus)

Platform to access and buy stem tracksCapnova On-Demand > Licensed

Content > Store > Global

theGLOW(2009, Singapore)

Online music storeOn-Demand > Licensed Content > Store > Global

Mewbox(2009, London)

Online music store with western musicOn-Demand > Licensed Content > Store > Global

OraStream(2011, Singapore)

Genre specific music-buying platformOn-Demand > Licensed Content > Store > Global

Passionato(2008, Montclair)

Online buying platform for classical musicCreative Capital Fund On-Demand > Licensed


Juno Download(2006, Madrid)

Online store for buying singlesOn-Demand > Licensed Content > Store > Global

Go to BM List >> Creation



Get Chorus(2010, San Francisco)

Online platform for buying Rap Music & learning to create the same500 Startups On-Demand > Licensed


Beatport(2003, Denver)

Online music store for electronic musicOn-Demand > Licensed Content > Store > Global

mflow(2008, London)

Online music store & social recommendation platformOn-Demand > Licensed Content > Store > Global

Tunes Store(1997, Chicago)

Online Music StoreOn-Demand > Licensed Content > Store > Global

eMusic(1998, New York City)

Digital music storeOn-Demand > Licensed Content > Store > Global

Mora(2000, Tokyo)

Online music store for Japanese musicOn-Demand > Licensed Content > Store > Japanese

Recochoku Co.,Ltd(2001, Shibuya)

Online buying store for Japanese musicOn-Demand > Licensed Content > Store > Japanese

WASABEAT(2013, Tokyo)

Online music store based out of JapanIMJ Investment Partners On-Demand > Licensed

Content > Store > Japanese




RS Online(2011, Chatuchak)

Online music store based out of ThailandOn-Demand > Licensed Content > Store > Thai

Vuga Music Associates(2013, Lagos)

Online music streaming platform of Africa On-Demand > Licensed Content > Subscription > African

$20k

Las Gidi Tunes(2011, Baltimore)

Ad-supported on-demand music streaming based out of Africa On-Demand > Licensed Content > Subscription > African

iROKING(2010, Lagos)

On-demand African music streaming On-Demand > Licensed Content > Subscription > African

Spinlet.com(2006, Lagos)


Mkito(2014, Arusha)

On-Demand music streaming of Tanzania On-Demand > Licensed Content > Subscription > African

Orin(2015, Lagos)


VUGA ONLINE RADIO(2013, Lagos)




Distribution (4/39)



Distribution (5/39)



Distribution (6/39)



Distribution (7/39)



Distribution (8/39)



Distribution (9/39)



Distribution (10/39)



Creation (1/24)Company Overview Business Model Total Funding

Sonation Inc(2013, Boston)

Platform for providing a virtual orchestra for musicians

$600k

Jukedeck(2012, London)

Automated music creation platformPark Walk Advisors, Playfair Capital, Cambridge Innovation Capital, Cambridge Enterprise, Backed, zeroth.ai

Automated Music Creation $3.8M

Aitokaiku(2015, Berlin)

Automated music creation app for amateurs

Automated Music Creation

Amper Music(2014, New York City)

AI-based automatic royalty free musicAdvancit Capital, Two Sigma Ventures, Brooklyn Bridge Ventures, HDS Capital


Kagura(2014, Fukuoka)

Automated music creation based on dance moves


algorhythm.ai(2013, New York City)

AI based mobile application for composing music


Komponant(2015, Bangkok)

Virtual vocalist technology


Distribution << Go to BM List >> Aggregator


Creation (2/24)Company Overview Business Model Total Funding

Computoser(2012, Sofia)

AI based automatic music composing platform


Mubert(2015, Moscow)

Automated music creation app


Nagual Sounds(2013, Land)

Algo-based music creation


Soundtrap(2012, Stockholm)

Music co-creation & sharing platformIndustrifonden For Amateurs > Co-creation $8.5M

WholeWorldBand(2008, Dublin)

App for co-creating music and sharingBalderton Capital, International Investment and Underwriting For Amateurs > Co-creation $6.8M

Parola(2015, Tel Aviv)

Collaborative music creation and sharing platform

For Amateurs > Co-creation $2M

JAMR Labs(2012, San Francisco)

Platform to connect, collaborate and share for musicians

For Amateurs > Co-creation $285k

Vampr(2015, Melbourne)

Co-creation and social connect platform

For Amateurs > Co-creation



Creation (3/24)



Creation (4/24)



Creation (5/24)



Creation (6/24)



Creation (7/24)



Creation (8/24)



Creation (9/24)



Creation (10/24)



Creation (11/24)



Creation (12/24)



Creation (13/24)



Creation (14/24)



Creation (15/24)



Creation (16/24)



Creation (17/24)



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Creation (19/24)



Creation (20/24)



Creation (21/24)



Creation (22/24)



Creation (23/24)



Creation (24/24)



Aggregator (1/24)Company Overview Business Model Total Funding

Tunigo(2010, Stockholm)

Algo based music discoveryGP Bullhound, Blibros Discovery > Automated $2.6M

Hitlantis(2009, Helsinki)

Music, brand and artist discovery platform

Discovery > Automated $1.5M

Discovr(2010, Perth)

Algo-based music & artist discovery platformYuuwa Capital, Tech23 Discovery > Automated $1.1M

Beatrobo(2012, San Francisco)

Automated music playlist platformCyberagent Ventures, Klab Ventures Discovery > Automated $600k

humm(2012, London)

Personalized third-party music streaming serviceWayra Discovery > Automated $112K

Next Music(2012, Kiev)

Music curation by mood

Discovery > Automated $70k

The Social Radio(2011, San Francisco)

Twitter-based radio streamingStart-Up Chile, NXTP Labs, Enzyme Venture Capital Discovery > Automated $40k

Trackhunter(2013, Boston)

Music discovery platform for DJs

Discovery > Automated

Creation << Go to BM List >> Artist Support


Aggregator (2/24)Company Overview Business Model Total Funding

Sonarflow(2009, Sunnyvale)

Music & artist recommendation based on one's music library


Myleisureapp(2014, Rishon Lezion)

Personalized recommendation engine for music, movies & TV-Shows


Fyrno(2015, New Haven)

Automated social music discovery platform


1Day1Song(2012, Seoul)

Music/artists discovery platform


BoomBox(2015, Rishon Lezion)

App for personalized music feed


Music Vault(2009, London)

Music content recommendation plugin for iTunes


Cantio(2011, Budapest)

Online music player based on the free Youtube and Last.fm


Echo(2015, New Orleans)

Music discovery and sharing app




Aggregator (3/24)



Aggregator (4/24)



Aggregator (5/24)



Aggregator (6/24)



Aggregator (7/24)



Aggregator (8/24)



Aggregator (9/24)



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Aggregator (14/24)



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Aggregator (22/24)



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Artist Support (1/14)Company Overview Business Model Total Funding

Official fm(2010, Geneva)

Online distribution management platform for artistsDistribution Channel Manager

$8M

Musicane(2006, Venice)

Music distribution enabler for artistsDistribution Channel Manager

$7.7M

TuneCore(2005, Brooklyn)

Online platform for Music distributionOpus Capital Distribution Channel

Manager$7M

Amie Street(2006, Long Island City)

Online music distribution portalAmazon, Deep Fork Capital Distribution Channel

Manager$3.9M

Sounday(2009, Turin)

Platform for digital music distribution and promotionPrincipia SGR, dPixel Distribution Channel

Manager$2.7M

Mspot(2004, Palo Alto)

Online music distribution platformTrinity Ventures Distribution Channel

Manager$2.3M

iMusician Digital AG(2007, Zurich)

Online digital music managing platformZurcher Kantonalbank Distribution Channel

Manager$2.1M

Artist Growth(2012, Nashville)

Platform for digital distribution & other management needs for musicians Distribution Channel

Manager$2M

Aggregator << Go to BM List >>Music for

Businesses


Artist Support (2/14)Company Overview Business Model Total Funding

VibeDeck(2009, Los Angeles)

Online platform for selling music directly to fansDistribution Channel Manager

$2M

VYDIA(2013, Freehold)

Online platform for artists to publish videos & audiosPasadena Angels, QueensBridge Venture Partners, Newark Venture Partners, Connected VC

Distribution Channel Manager

$1.9M

Music Kickup(2011, Helsinki)

Online Music DistributionVisionPlus Fund Distribution Channel

Manager$843k

Freeform Development(2014, Oakland)

Platform for artists to promote and control their digital music distributionAccelerator Ventures, 2020 Ventures, IDG Ventures USA

Distribution Channel Manager

DeliverMyTune(2015, Delhi)

Online platform for music distribution through digital channelsDistribution Channel Manager

Dart Music(2014, Nashville)

Online Music Distribution platformNashville Capital Network Distribution Channel

Manager

naïve(1998, Paris)

Online Indie-music promotion and distribution platformIris Capital Distribution Channel

Manager

RouteNote(2007, Redruth)

Digital music distribution platformDistribution Channel Manager


Businesses


Artist Support (3/14)


Businesses




Businesses


Music for Businesses (1/17)Company Overview Business Model Total Funding

Soundreef(2011, Rome)

Marketplace for music to businessesLventure Group, VAM Investments For Ads/Movies >

Marketplace$4M

SourceAudio(2007, Culver City)

Online music licensing marketplaceEmerson Investments For Ads/Movies >

Marketplace$1.2M

YouLicense(2007, Tel Aviv)

Online music licensing marketplaceOfer-Hi Tech, Logia Group For Ads/Movies >

Marketplace$1.1M

Express In Music(2009, Singapore)

Outsource music composition to the music expertsNational Research Foundation Singapore, TNF Ventures, SPRING Singapore

For Ads/Movies > Marketplace

$588k

Audiodraft(2010, Helsinki)

Crowdsourced music production marketplace500 Startups, Promus Ventures, Startup Sauna For Ads/Movies >

Marketplace$400k

Gideen(2013, Malibu)

Marketplace for licensing musicFor Ads/Movies > Marketplace

$200k

AudioCatch(2010, San Francisco)

Marketplace to source custom audioStart-Up Chile For Ads/Movies >

Marketplace$40k

Brands For Bands(2009, Los Angeles)

Online marketplace for buying/ selling royalty free musicFor Ads/Movies > Marketplace

Artist Support << Go to BM List


Music for Businesses (2/17)Company Overview Business Model Total Funding

Productiontrax(2003, New York City)

Digital royalty free microstock marketplacesFor Ads/Movies > Marketplace

BeatStars.com(2010, San Francisco)

Production music marketplaceFor Ads/Movies > Marketplace

AudioSparx(1996, Saint Augustine)

Licensed stock music and audio content marketplaceFor Ads/Movies > Marketplace

Stock Music(1996, Alken)

Production music library and marketplaceFor Ads/Movies > Marketplace

AudioMicro(2007, Sherman Oaks)

Royalty-free music and sound effects libraryFrontier Venture Capital For Ads/Movies >

Marketplace

Musicloops.com(2006, Santa Monica)

Royalty free production music, tracks and loopsFor Ads/Movies > Marketplace

Muserk(2012, New York City)

Licensed music marketplaceFor Ads/Movies > Marketplace

LuckStock(2012, Delaware)

Royalty free stock music and audio marketplaceFor Ads/Movies > Marketplace



Music for Businesses (3/17)



Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

180


Team

Shwetank

Senior Analyst – Consumer Practice Area

Sri Harsha Jetti

Lead Analyst – Consumer Practice Area

https://www.linkedin.com/in/shwetank-shakya-786a5a19

https://twitter.com/shwetankshakya

https://www.linkedin.com/in/sri-harsha-jetti-ab302918

https://twitter.com/sriharsha_jetti


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Tracxn Research - Music Tech Landscape, January 2017

Data & Analytics

Transcript of Tracxn Research - Music Tech Landscape, January 2017