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
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Aug 14, 1997
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Investors
Grotech Ventures
& 2 more
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Employee Count
Not available
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Acquired by
Bertelsmann
(Jul 20, 2000)
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage US tech startups are invested in by Grotech Ventures.
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US private equity investments are managed by Keystone Capital.
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Educational support services are provided globally by Bertelsmann.
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Investor details for CDNow
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Investments & Acquisitions by CDNow
Investment portfolio details for CDNow
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Financial Statements - CDNow
Detailed financials for CDNow
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Cdnow Comparisons
Peer comparison for CDNow
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Competitors of CDNow
Detailed competitors of CDNow
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Latest news on Cdnow
Complete news archive for CDNow
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Frequently Asked Questions about CDNow
CDNow was founded in 1994 and raised its 1st funding round 3 years after it was founded.
CDNow is headquartered in Jenkintown, United States. It is registered at Jenkintown, Pennsylvania, United States.
CDNow is a funded company, having raised a total of $10M across 1 funding round to date.
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.
CDNow has 3 investors. Key investors include Grotech Ventures, Keystone Capital, and Bertelsmann.