OurStage, a Chemsford, MA-based provider of an online community and marketplace for music, has raised $3 million of a planned $6 million Series B round of venture capital, the firm told Xconomy in an e-mail last week. Mass High Tech reported details of the firm’s Series B round earlier this morning. OurStage, founded in 2006, previously raised $17 million in a 2007 Series A round of financing. The company told MHT that its backers include more than 100 angel investors and venture firm Signature Capital, which has operations in Portland, ME, and Austin, TX, according to the VC outfit’s website.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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