UnitedMasters has emerged from stealth, revealing $70m in funding from investors including Alphabet and 20th Century Fox.
US-based online music distributor UnitedMasters emerged from stealth yesterday with $70m in a funding round led by internet technology conglomerate Alphabet with participation from film studio 20th Century Fox, TechCrunch reported.
The funding was raised at an undisclosed date in 2016 and the round also featured venture capital firm Andreessen Horowitz.
UnitedMasters’ website lists VC firm Floodgate and advertising agency Translation as investors, but details about their financial commitments have not emerged. The UnitedMasters name was registered as a trademark…
