Songtradr Completes $30 Million Series C Funding Round
Billboard
By: Chris Eggertsen
August 24, 2020
Global business-to-business music licensing platform Songtradr has completed a $30 million Series C funding round, valuing the company at $165 million. The funds will allow the company to accelerate its global expansion and product development, fund key acquisitions, build out its ecosystem and enrich its data capabilities.
Aussie music platform cranks the dial with $42m raising
Australian Financial Review
By: Yolanda Redrup
August 24, 2020
Australian-owned online music platform Songtradr, which is backed by a number of Rich Listers including WiseTech Global boss Richard White, has closed a $42 million ($US30 million) capital raise led by wealthy family offices, as it considers an ASX listing among its next steps.
Exclusive: Music Licensing Startup Songtradr Raises $30M Series C
Crunchbase News
By: Sophia Kunthara
August 24, 2020
Music licensing platform Songtradr has landed $30 million for its Series C round, bringing its valuation up to $165 million. The Santa Monica-based company is building a global music rights system and licensing marketplace. It offers distribution, rights management and licensing across verticals spanning from advertisers, brands and gaming platforms, according to CEO Paul Wiltshire.
Songtradr completes $30 million funding round
Music Week
By: Andre Paine
August 24, 2020
Songtradr has completed its series C funding round, raising $30 million (£22.9m). It values the company at $165m (£126.1m). According to the company, it is benefiting from the increasing digital adoption resulting from the Covid-19 pandemic.
As VC payday nears, Sequoia sits in the middle of the IPO deluge
Fortune
By: Lucinda Shen
August 25, 2020
Songtradr Raises $30M in Series C Round to Fund Global Expansion
Music Business Worldwide
By: Murray Stassen
August 24, 2020
Los-Angeles based B2B music rights and licensing marketplace Songtradr has raised $30 million in a series C funding round, valuing the company at $165m. With this investment, Songtradr aims to accelerate its global expansion plans, product development and fund key acquisitions.
Songtradr finalised $30m funding round for global expansion
The Music Nework
By: Christie Eliezer
August 25, 2020
As indicated in the Wiltshires’ recent interview with TMN, this will allow Songtradr to expand to further territories, develop new products and make key acquisitions to follow last year’s buy-out of creative music licensing agency Big Sync Music.
Songtradr Scores $30M In New Funding
Hypebot
August 24, 2020
Songtradr, a global B2B music rights and licensing marketplace, had closed a $30 million Series C funding round at a $165M valuation.
The Series C raise was led by the St. Baker Australian family office and included a number of other prominent Australian family offices as well as several existing Songtradr investors.
Songtradr Gets $30M to Make it Easier for Musicians to License Their Tracks
dot.LA
By: Leslie Ignacio
August 25, 2020
Songtradr has grown by making it easier for artists to get their music in ads, television series and movies. Now, it wants to take advantage of the explosion of video streaming services hungry for more music.
Songtradr raises $30 million for music marketplace
LA Biz
By: Annlee Ellingson
August 24, 2020
“It is an unprecedented time, and our focus has been on delivering value to our community of artists, composers and music licensees,” said CEO Paul Wiltshire.
The LA TechWatch Startup Daily Funding Report: 8/24/2020
LA TechWatch
August 24, 2020
Songtradr, the music licensing platform, has raised $30M in Series C funding from investors that include led by St Baker’s Energy Innovation Fund. Founded by Paul Wiltshire in 2014, Songtradr has now raised a total of $51.2M in reported equity funding. This funding comes at a reported $165M post-money valuation.
Aussie-Owned Music Platform Snares $42M Raising
Channel News
By: Roma Christian
August 25, 2020
Aussie owned online music platform, Songtradr, has reportedly closed a $42 million capital raising, with the support of Rich Listers increasing talk of a future ASX listing.
Songtradr bags $42 million as COVID-19 brings cultural revolution to music, and to Silicon Valley
SmartCompany
August 25, 2020
By: Stephanie Palmer-Derrier
Aussie-founded music marketplace platform Songtradr has raised US$30 million ($41.7 million) in Series C funding, as COVID-19 shakes up the music industry and paves the way for growth in B2B licensing.
Music licensing firm Songtradr raises $30m funding round
Music Ally
By: Stuart Dredge
August 25, 2020
Songtradr is a music-licensing marketplace connecting artists with potential sync clients. It’s also good at raising money: it secured a $12m Series B funding round in March 2019, but now it’s surpassed that by some distance with its Series C round.
For press inquiries, please email press@songtradr.com
