6 years ago

Kobalt Raises Over $100 Million for Music Services Expansion

  • Kobalt, a music services company, is raising a new round of funding that could exceed $100 million

  • The company helps artists collect royalties owed them

  • This new funding comes about one year after Kobalt closed on its most recent funding, which valued the company at roughly $800 million

  • The new capital will be used to grow Kobalt’s presence in each of its verticals.

      • ProblemTechnology

      "Artists and songwriters are often unable to collect the royalties they are owed from music streaming platforms."

      Solution

      "Kobalt provides a comprehensive suite of services to help artists and songwriters collect royalties, manage their music, and grow their careers."

      Covered on