About Beats Music
Beats Music is a company based in San Francisco (United States) founded in 2013 was acquired by Apple in May 2014. Beats Music has raised $120 million across 2 funding rounds from investors including Apple and Access Industries. Beats Music has completed 1 acquisition, including Topspin Media. Beats Music operates in a competitive market with competitors including Deezer, Spotify, SoundCloud, Qobuz and Napster, among others.
- Headquarter San Francisco, United States
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Sectors
Media & Entertainment
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Social
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- Legal Name Beats Music, Llc.
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Funding Insights of Beats Music
Beats Music has successfully raised a total of $120M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in March 2014. 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.
Investors in Beats Music
Beats Music has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Apple and Access Industries.
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Investment and holding company controlled by Len Blavatnik
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Consumer electronics, computers, and software are designed and sold worldwide.
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Investor details for Beats Music
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Investments & Acquisitions by Beats Music
Beats Music has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Topspin Media.
Investment portfolio details for Beats Music
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Direct-to-fan marketing and commerce platform is provided for artists.
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Complete acquisition details for Beats Music
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Financial Statements - Beats Music
Detailed financials for Beats Music
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Beats Music Comparisons
Peer comparison for Beats Music
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Competitors of Beats Music
Beats Music 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 Deezer, Spotify, SoundCloud, Qobuz and Napster, among others.
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Online platform for on-demand music and radio streaming
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Music streaming is offered on-demand to global users.
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Music streaming services are provided online for free.
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On-demand music streaming is provided through subscription services.
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Napster is recognized for providing music streaming platform solutions.
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On-demand music streaming and content sharing platform
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Detailed competitors of Beats Music
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Latest news on Beats Music
Complete news archive for Beats Music
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Frequently Asked Questions about Beats Music
Beats Music was founded in 2013.
Beats Music is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Beats Music is a funded company, having raised a total of $120M across 2 funding rounds to date.
Beats Music was founded in 2013 in San Francisco, United States, as an on-demand music streaming platform in the digital entertainment sector. Curated playlists are developed by musicians and music writers, with algorithm-based personalization and expert recommendations integrated. Music is searchable, streamable, and downloadable through mobile apps for Android, iOS, and Windows Phone. Revenue is derived from monthly and annual subscriptions.
Beats Music's top competitors include Deezer, Spotify and SoundCloud.
Beats Music has made 1 acquisition, including Topspin Media.
Beats Music has 2 investors. Key investors include Apple, and Access Industries.