Luxembourg’s biggest media star, Spotify has admitted a new investor to the fold, at least according to TechCrunch. Sean Parker was one of the founders of both Napster and Facebook, and would be Spotify’s first and only US investor. If the rumour is true, then it would not only help Spotify’s cash situation (always helpful), but also give them the inside track on running a music service in the States, and might give an indication that the launch of Spotify in the US is approaching.
There has been a lot of talk recently about music startups. iLike is on the table and looking for a buyers, as is Imeem. A couple months ago Tunecore received more funding and now it is rumoured that Band Metrics has received angel funding.
Funding was led by Allen Graber, who is a technology investor and entrepreneur. Band Metrics was a Techcrunch 50 2008 semi-finalise, and this is a great step forward for their company. Band Metrics provides a first-of-its-kind semantic web application for the music industry that collects, analyzes and displays artist’s dynamic popularity. The company’s music intelligence and analytics are achieved through patent pending technology which assists artists in understanding large amounts of data relative to their music, fans and shows, while also helping them manage their digital identity.
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