SoundCloud just grabbed a hefty, $50 million round, but that goes into the 2012 bucket.
As for 2011, it never hit the half-a-billion mark, but there was certainly a lot of cash being thrown at music startups. That is, $458.8 million worth of financing, of which Spotify claimed a handsome $100 million chunk. Other gigantic rounds included Beyond Oblivion, which lured an obscene $77 million, though the average round was $10.2 million.
Digital Music News has been tracking and reporting every round, often before the formal announcement. If you’d like the xls file to play around with, just drop a comment or email and we’ll get it to you.
So any trends? Unfortunately a bulk of the action happened during the first half of this year, opening questions of whether a bubble has already popped. November showed a small bounce, while December was downright frigid. Here’s the entire breakdown, from early January to the waning days of December.
