Songtradr: Raises $US50M in Series D Funding

Songtradr Raises $US50M in Series D Funding

• Songtradr, a Los Angeles, CA-based B2B music licensing marketplace, raised US$50M in Series D funding
• The round, which broguht total funding to date to over US$100M, valuing it at over US$300m
• The platform intends to use the funds to expand its grwoth organically and through acquisitions
• The company’s ecosystem connects its 600,000+ artists, songwriters and music rights owners to a B2B marketplace of music buyers
• The company has executed an M&A strategy to reinforce its ecosystem with MassiveMusic, as well as Cuesongs, Song Zu, Pretzel and Tunefind
• The company has offices across Europe and the Asia-Pacific region, specializing in distributing and licensing music to a range of blue-chip clients