Beyond Oblivion Secures $77,000,000 New Financing Round

  • Feed Type
  • Date
  • Company Name
    Beyond Oblivion
  • Mailing Address
    16 E. 40th Street New York, NY 10016
  • Company Description
    Beyond Oblivion is a music service that combines the stickiness of a social network with unlimited life-of-device access to the largest music library on Earth, within a vast ecosystem where content owners are paid per-play no matter if the original music file was ripped, bootlegged or legally or illegally downloaded.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
    The investment provides Beyond Oblivion with the financial backing to secure worldwide content rights, deploy a robust global delivery infrastructure and market commercial launch.
  • M&A Terms
  • Venture Investor
    The Wellcome Trust
  • Venture Investor
    News Corporation
  • Venture Investor
    Allen & Company

Trending on Xconomy