About CDNow
CDNow is a company based in Jenkintown (United States) founded in 1994, and was acquired by Bertelsmann in July 2000. Christian radio stations with music and teachings are operated. CDNow has raised $10 million across 1 funding round from investors including Grotech Ventures, Keystone Capital and Bertelsmann.
Company details
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.
- Headquarters Jenkintown, United States
- Stage Acquired
- Website cdnow.com
- Acquired by Bertelsmann (Jul 2000)
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Series A
Aug 1997
- InvestorsGrotech Ventures
& 2 more
- Acquired byBertelsmann
(Jul 2000)
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 $10M
- Total Rounds 1
- Last Round Series A — $10M
- First Round $10M
(Aug 1997)
- Investors Count 2
All 1 funding rounds of CDNow with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 1997 | $10M | Series A | – | Grotech Ventures, Keystone Capital | – |
3 investors in total: 3 institutional.
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 |
|---|---|---|---|---|
Early-stage US tech startups are invested in by Grotech Ventures. | grotech.com | Arlington, United States | ||
US private equity investments are managed by Keystone Capital. | keystonecapital.com | Chicago, United States | ||
Educational support services are provided globally by Bertelsmann. | bertelsmann.com | Gutersloh, Germany |
Investor details for CDNow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of CDNow
4 dated milestones of CDNow across 6 years, from founding to its latest funding, stage changes and deals.
- Founded CDNow is founded.
- Funding First funding round of $10.0M.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Bertelsmann.
Web traffic of CDNow
Websites that share an audience with CDNow (cdnow.com).
Websites whose visitors overlap most with CDNow. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cdbaby.com | 100% | 1.1M | #36,379 | View details | |
tower.com | tower.com | 93% | #177,789 | – | |
| emusic.com | 87% | 78.2K | #366,177 | View details | |
| jazzonline.com | 79% | #6,199,594 | View details | ||
timelife.com | timelife.com | 65% | #4,110,274 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for CDNow
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 20 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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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. The company's 1st funding round was a Series A of $10M, raised on Aug 1997.
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.
Yes. CDNow was acquired by Bertelsmann in July 2000.