Music Dealers LLC, a Chicago-based company that provides a solution for connecting independent artists and music licensors into all audio/visual media, has closed $2.18m in Series B funding.
The round was led by a group of new and existing private investors.
The company intends to use the funds to expand its market share among clients – especially F500 brands and grow both domestically and internationally.
Founded in 2008 by Executive Chairman Jonathan Sheinkop, Music Dealers is a global B2B music licensing solution, which pursues commercial placement of original music from independent and award-winning artists across every genre.
The company’s virtual studio (available at http://www.MusicDealers.com) allows access to experienced composers from around the globe who are effectively available.
Music Dealers has additional offices in Los Angeles, New York, Atlanta and London.
Hundreds of media companies and brands have selected Music Dealers’ simple-to-use yet powerful music licensing solutions, earning the Company a leading share of the independent music licensing space. The Coca-Cola Company formed a strategic partnership with Music Dealers in early 2011 to become the Company’s music sourcing partner at a global and market level, to build effectiveness and efficiency of music assets and related IP across marketing campaigns for its more than 500 brands.