Music-related financing collapsed during the second-half of 2011, though maybe that was just a temporary tank. Because in the first month of 2012, music-focused companies grabbed an impressive $65.55 million in financing, a jump of more than 26.5 percent over January funding levels last year.
Soundcloud made it rain to the tune of $50 million, though Next Big Sound and Moontoast collectively contributed more than $12 million to the music funding purse. Here’s our funding tracker.
Actually, Soundcloud also helped to kick off 2011 with a nice, $10 million round, though a lot has grown since then. Here’s the rundown from January, 2011.
Awesome!
no where near skewed at all i see? Take out Soundcloud and what do you get?
this is AWFUL analysis
It would be “music funding” if the investment was towards indie artists, record labels, manufacturing e.t.c.
Music funding is UP in 2012. Aye…AYE!
these numbers are crrrrazy…