Kobalt, a music publishing and global music rights management services company, raised $60m in Series C funding.
Backers included with Google Ventures, MSD Capital and MSDC Management.
The company, which has raised $66m to date, intends to use the funds to further develop and scale its technology solutions.
Led by Willard Ahdritz, founder and CEO, Kobalt provides a variety of services, including creative services, synch & brand partnerships, global licensing management, neighboring rights, works and rights distribution, royalty collection and processing, online data and royalty statements, record release management, and digital marketing and monetization.
The company now serves over 8,000+ songwriters and over 500 publishing companies worldwide.
FinSMEs
27/02/2015