Music Tech Platform & Distributor Symphonic Raises $37m For Industry Funding
Independent music distributor and technology platform SYMPHONIC DISTRIBUTION has received a $37M Series B investment. Led by NEWSPRING and BALLAST POINT VENTURES, the new investment comes on the heels of funding announcements by other industry participants, further solidifying investor interest in music technology and distribution.The financial milestone follows a string of exciting announcements for SYMPHONIC, including partnerships with TIDAL and JOYNER LUCAS’s music start-up, TULLY, ...
Source: allaccess.com