Source Audio Raises $1.2 Million of Seed Funding
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Boston, Massachusetts – Source Audio, a professional, business to business music licensing & distribution technology provider hosting over 600 music catalogs, 3,400 music labels, and 4 million tracks for license on one cloud-based platform has raised $1.2 million of seed funding from Emerson Investment Group.
“I believe SourceAudio is the de facto cloud hosted standard in the multi-billion dollar sync music licensing industry,” said Steve Emerson of Emerson Investment Group. “This investment will help the team continue to serve a rapidly growing addressable market and expand the offering to new verticals with exciting and innovative technology.”
The new fund will be used for expanding the business and making partnerships and other key business developments.
Funding Total: $1,200,000
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|Investors: Emerson Investment Group|