SourceAudio operates a unified platform that lets musicians and music companies build customizable sites where licensing buyers can search for and license tracks, rather than serving as a consumer music store. The company says it already hosts 600 catalogs containing 5 million tracks from 3,400 music labels. It charges customers based on the number of tracks hosted, with pricing starting at $29 per month. Co-founder and CEO Geoffrey Grotz, who previously co-founded GameTrailers.com, leads the company. SourceAudio raised $1.2 million in seed funding to support its growth. Its long-term vision is to become "the iTunes or Amazon of the multi-billion dollar global music licensing business."

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2013