6 years ago

Audoo Raises £600,000 to Revolutionize Music Royalty Distribution

  • Audoo, a music tech startup, has secured £600,000 in funding to improve music royalty distribution

  • The company's technology aims to ensure artists are paid accurately for music played in commercial spaces

  • Audoo's plug-in device captures music for a few seconds, creating a digital fingerprint that is analyzed and relayed to PROs

  • The funding will be used to further develop the technology and expand the business.

      • ProblemTechnology

      "Musicians are losing billions in unpaid royalties because businesses often don't have the right licenses or tracking in place for the music they play."

      Solution

      "Audoo provides an easy-to-use plug-in device that identifies music played in commercial spaces, ensuring accurate royalty payments to artists and record companies."

      Covered on