Popdust Closes $4.5M Series A Funding
Popdust, a pop music digital website, has completed a $4.5m Series A funding.
The round was led by New Enterprise Associates, with participation from RRE Ventures, SoftBank Capital, Project A Ventures, and other individual investors.
The company intends to use the new funds to expand its editorial efforts and other strategic initiatives.
Launched in 2011 by President David Wade and Editor-In-Chief Craig Marks and led by newly appointed CEO Hugh Panero, Popdust Popdust is a digital platform featuring pop music news, artist-engaged content and e-commerce tailored for a large, young, affluent, music fan base.
It recently introduced Popdust Style, its online retail store where music fans can shop for clothing, shoes, jewelry, and accessories.