RootMusic Garners $16,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9622b7f6-9e6b-4ba4-90e2-d42a9a0e0cf6&Preview=1
Date
8/31/2011
Company Name
RootMusic
Mailing Address
1233 Howard St. San Francisco, CA 94103
Company Description
The company has created software that allows users to better promote their music bands on Facebook.
Website
http://www.rootmusic.com
Transaction Type
Venture Equity
Transaction Amount
$16,000,000
Transaction Round
Series B
Proceeds Purposes
This financing will help us expand our team to further meet the needs of our customers, creating effective experiences and capabilities as well as integrating with strategic partners.
M&A Terms
Venture Investor
GGV Capital
Venture Investor
Mohr Davidow Ventures
Venture Investor
Northgate Capital