Audiodraft Lands $400,000 New Financing

  • Feed Type
  • Date
    7/19/2013
  • Company Name
    Audiodraft
  • Mailing Address
    156 2nd Street San Francisco, CA 94105
  • Company Description
    Audiodraft helps companies to outsource their music and audio production to a global community of over 15,000 sound designers and music composers. Audiodraft offers a music crowdsourcing platform for composed music and a production music library for instant access to music with exclusive licenses.
  • Website
    http://www.audiodraft.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $400,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    They’ll use the funding to make a few additional hires in San Francisco and Helsinki and build out a new Agency Studios service.
  • M&A Terms
  • Venture Investor
    500 Startups
  • Venture Investor
    Promus Ventures