About Audio Network
Audio Network is a company based in London (United Kingdom) founded in 2001 was acquired by Entertainment One in April 2019.. Audio Network has raised $471.42 thousand across 2 funding rounds from investors including Entertainment One, Stripes and The Leisure Media. Audio Network has completed 1 acquisition, including Voodoo Tracks. Audio Network operates in a competitive market with competitors including Soundtrack Your Brand, Mood Media, Qsic, Vibenomics and feed.fm, among others.
- Headquarter London, United Kingdom
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Audio Network Limited
- Date of Incorporation 23 Jul, 2001
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$471.42 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Entertainment One
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Entertainment One
(Apr 11, 2019)
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Funding Insights of Audio Network
Audio Network has successfully raised a total of $471.42K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(28 Jan 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Series A - Audio Network | Valuation | Stripes |
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| Jan, 2005 | Amount | Seed - Audio Network | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Audio Network
Audio Network has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Entertainment One, Stripes and The Leisure Media. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Global investments are made in product-led growth companies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Producer and distributor of films and TV shows
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Audio Network
Audio Network has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Voodoo Tracks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Operator of music production and record label
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Audio Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Audio Network Comparisons
Competitors of Audio Network
Audio Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Soundtrack Your Brand, Mood Media, Qsic, Vibenomics and feed.fm, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Music streaming solutions for businesses are provided.
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| domain | founded_year | HQ Location |
Delivers in-store music solutions to enhance business environments.
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| domain | founded_year | HQ Location |
Music streaming solutions are provided for businesses and retail environments.
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| domain | founded_year | HQ Location |
Customized background music and real-time announcements are delivered to businesses.
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| domain | founded_year | HQ Location |
Music as a service solution for user engagement
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Audio Network
Frequently Asked Questions about Audio Network
When was Audio Network founded?
Audio Network was founded in 2001 and raised its 1st funding round 4 years after it was founded.
Where is Audio Network located?
Audio Network is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Audio Network a funded company?
Audio Network is a funded company, having raised a total of $471.42K across 2 funding rounds to date. The company's 1st funding round was a Seed of $471.42K, raised on Jan 28, 2005.
What does Audio Network do?
Audio Network was founded in 2001 in London, United Kingdom. A production music library is operated, providing access and licensing to over 100,000 stock music tracks. Collaborations with more than 750 composers, artists, and producers worldwide are facilitated. Tracks are supplied for use in TV, film, advertising, and corporate video, with selections available by mood, style, or instrument.
Who are the top competitors of Audio Network?
Audio Network's top competitors include Soundtrack Your Brand, Qsic and Vibenomics.
How many acquisitions has Audio Network made?
Audio Network has made 1 acquisition, including Voodoo Tracks.
Who are Audio Network's investors?
Audio Network has 3 investors. Key investors include Entertainment One, Stripes, and The Leisure Media.