BandPage, a platform used by more than 500,000 musicians as their central online profile to reach, engage and monetize billions of music fans around the world, has announced the closing of the $9. Series C funding round of 25 million The funding was led by GGV Capital and Mohr Davidow Ventures This round brings the total capital raised by BandPage to over $28 million. BandPage will use the additional capital to further expand and deepen its partnerships with the world’s largest music services and to create new and powerful sources of revenue for musicians.
Since its inception in 2010, BandPage has grown to become one of the most popular musicians platforms in the world. Musicians create a BandPage Profile to directly engage and monetize their fans across some of the world’s largest music services. Musicians add content such as bios, photos, videos, songs and tour dates to their BandPage Profile along with commercial offers such as tickets, VIP experiences and merchandise. Musicians can use their BandPage Profile to power their content and items for sale wherever their fans are, including the BandPage Partner Network, their website, social networks and more. Over the past year, the BandPage Partner Network has added partnerships to support VEVO, Google, Clear Channel, Live Nation, Rhapsody, Xbox Music, LyricFind and more. For the first time ever, musicians can display their contents and items for sale to hundreds of millions of fans across these platforms.
‘We are in the musician business,’ said J Sider, Founder and CEO of BandPage, ‘the business of driving revenue growth and expanding fan base on behalf of large and small musicians around the world. For the first time in the history of the music business, the industry has the information and technology necessary to reach billions of fans all year round at the right time, with the right offer at the right price. Making that a reality for musicians is why we get to work every day. ”
‘BandPage plays a critical role in empowering musicians to pursue their careers in the digital age,’ said Brian Message, Director of PJ Harvey and Nick Cave, Co-Manager of Radiohead and Chairman of the Music Managers Forum. ‘The future of the music business is a direct musician-to-fan connection, and by working with music services to build a channel through which musicians can directly reach their fans with content and commercial offerings, BandPage is helping musicians capitalize on the tremendous opportunity the music business is currently facing. ”
‘We believe that the music industry is on the verge of dramatic revenue growth as it emerges from a period of profound disruption,’ said Hany Nada, partner at GGV Capital. ‘Billions of fans are engaged in online music, making it the most engaged online content class. We believe that BandPage is the company best positioned to help musicians take advantage of the revenue opportunity represented by this commitment. ”
‘Our investors have always played a critical role in helping the company grow and drive forward the vision,’ J Sider said. ‘The passion of GGV and Mohr Davidow for what we are building and trusting our team gives us an incredibly strong foundation from which we can help build the future of the music business. ”
About PageBand
BandPage is a platform used by more than 500,000 musicians as their central online profile to reach, engage and monetize hundreds of millions of fans every month. Musicians can set up their BandPage Profile free of charge, which includes their music, tour dates, photos, bios, videos and stores at: http://www Page of Band Come on,
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