Business News Digital Live Business Management & Funding

Songkick secures new funding from Access Industries

By | Published on Friday 26 August 2016

Songkick

Gig recommendations service, DIY ticket seller, obsessive tout-blocker and our very favourite of all the Live Nation litigants, Songkick, has raised another $15 million in funding from Mr Lenny and all of his Access Industries. Warner Music owner Len Blavatnik is an existing investor in the ticketing business, having originally backed direct-to-fan platform Crowdsurge before it merged with Songkick last year.

Sitting on top of all the cash, the firm’s CEO Matt Jones told Billboard: “We’ll be growing our technology team to continue to deliver a better overall live experience for fans and artists. We’ll be expanding our concert discovery innovations, and connecting more fans to concerts in new, engaging ways. We’ll also be introducing the next iteration of our discovery platform integrations, working with more artists, and continuing to deliver our anti-scalping technology. We’re working to ensure that every artist we work with has the tools to get more tickets into the hands of their dedicated fans”.

Sounds like fun. The new investment comes as the firm expands its West Coast operations in the US, alongside the hiring of a new VP Of Product, Lydia Goldberg, and a new VP Of Design, Lee Martin.



READ MORE ABOUT: |