About CDNow
CDNow is a company based in Jenkintown (United States) founded in 1994 was acquired by Bertelsmann in July 2000.. CDNow has raised $10 million across 1 funding round from investors including Grotech Ventures, Keystone Capital and Bertelsmann.
- Headquarter Jenkintown, United States
- Stage Public
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10 M (USD)
in 1 rounds
-
Latest Funding Round
$10 M (USD), Series A
Aug 14, 1997
-
Investors
Grotech Ventures
& 2 more
-
Employee Count
Employee Count
-
Acquired by
Bertelsmann
(Jul 20, 2000)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of CDNow
CDNow has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in August 1997. 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 1
- Last Round Series A — $10.0M
-
First Round
First Round
(14 Aug 1997)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 1997 | Amount | Series A - CDNow | Valuation | Grotech Ventures , Keystone Capital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CDNow
CDNow has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Grotech Ventures, Keystone Capital and Bertelsmann. 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 |
|---|---|---|---|---|
|
Early-stage US tech startups are invested in by Grotech Ventures.
|
Founded Year | Domain | Location | |
|
US private equity investments are managed by Keystone Capital.
|
Founded Year | Domain | Location | |
|
Educational support services are provided globally by Bertelsmann.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CDNow
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - CDNow
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cdnow Comparisons
Competitors of CDNow
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about CDNow
When was CDNow founded?
CDNow was founded in 1994 and raised its 1st funding round 3 years after it was founded.
Where is CDNow located?
CDNow is headquartered in Jenkintown, United States. It is registered at Jenkintown, Pennsylvania, United States.
Is CDNow a funded company?
CDNow is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Aug 14, 1997.
What does CDNow do?
CDNow was founded in 1994 as a non-profit organization in Jenkintown, United States. Christian radio stations are operated, broadcasting formats such as Southern Gospel, Christian rock, and inspirational music. Bible teaching and talk programs are also provided across multiple media platforms. The focus is placed on reaching audiences with content rooted in Christian principles, including worshipful music and doctrinal instruction. Operations emphasize unity within the Christian community.
Who are CDNow's investors?
CDNow has 3 investors. Key investors include Grotech Ventures, Keystone Capital, and Bertelsmann.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.