GrooveMobile
About GrooveMobile
GrooveMobile was a Media & Entertainment company founded in 2004, and was acquired by Livewire Mobile in March 2008. It operates as an a peer-to-peer platform for music streaming and sharing. It operates on a B2C model. GrooveMobile has raised $17.8 million across 3 funding rounds from investors including Livewire Mobile, ORIX USA and CRV. Its website groovemobile.com draws about 681 thousand monthly visits. The company is recorded as dissolved. Its focus areas include Media and Entertainment, Music, Streaming Services and P2P Platforms. Its competitors include Deezer, Spotify, SoundCloud, Qobuz and Napster and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
GrooveMobile, established in 2004 and currently in Dissolved stage, focuses on media and entertainment, dealing with music services, streaming services, and p2p platforms. A peer-to-peer platform for music streaming and sharing. Adapting to market demands with innovation and client-focused strategies.
- Stage Acquired
- SectorsMedia & Entertainment
- Website groovemobile.com
- Acquired by Livewire Mobile (Mar 2008)
- Total Equity Funding$17.8M (USD)
in 3 rounds
- Latest Funding Round$6M (USD), Series B
Sep 2007
- InvestorsLivewire Mobile
& 5 more
- Acquired byLivewire Mobile
(Mar 2008)
Funding Insights of GrooveMobile
GrooveMobile has successfully raised a total of $17.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in September 2007. 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 $17.8M
- Total Rounds 3
- Last Round Series B — $6M
- First Round $8.5M
(Mar 2006)
- Investors Count 5
All 3 funding rounds of GrooveMobile 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 |
|---|---|---|---|---|---|
| Sep 2007 | $6M | Series B | – | – | |
| Feb 2007 | $3.3M | Series B | – | – | – |
| Mar 2006 | $8.5M | Series B | – | – |
6 investors in total: 6 institutional.
Investors in GrooveMobile
GrooveMobile has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Livewire Mobile, ORIX USA and CRV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ORIX USA is engaged in middle market asset management and lending. | – | orix.com | Dallas, United States | |
CRV is recognized as a venture capital firm investing in technology startups. | – | crv.com | Palo Alto, United States | |
Seed and early stage venture fund investing in North America and Canada | – | kodiakvp.com | Waltham, United States | |
Family office investing in early-stage startups | – | egancapital.com | Boston, United States | |
Early & late stage sector-agnostic VC firm investing in the US, Asia and Middle East | – | star-ventures.com | Herzliya, Israel | |
Mobile VAS solutions are provided to operators and device manufacturers. | 2007 | livewiremobile.com | Littleton, United States |
Investor details for GrooveMobile
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of GrooveMobile
4 dated milestones of GrooveMobile across 4 years, from founding to its latest funding, stage changes and deals.
- Founded GrooveMobile is founded.
- Funding First funding round of $8.5M.
- Funding Latest funding round, Series B, of $6.0M.
- Exit Acquired by Livewire Mobile.
Competitors of GrooveMobile
GrooveMobile has 9 listed competitors in our database, 8 of them funded. They include Deezer, Spotify, SoundCloud, Qobuz and Napster, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| deezer.com | 2007 | Paris, France | $445.42M | – | Online platform for on-demand music and radio streaming | |
| spotify.com | 2006 | Stockholm, Sweden | $2.06B | 2,960 | Music streaming is offered on-demand to global users. | |
| soundcloud.com | 2007 | Berlin, Germany | $437.81M | 359 | Music streaming services are provided online for free. | |
| qobuz.com | 2007 | Paris, France | $31.88M | – | On-demand music streaming is provided through subscription services. | |
| napster.com | 1999 | Los Angeles, United States | – | – | Napster is recognized for providing music streaming platform solutions. | |
| myspace.com | 2003 | Los Angeles, United States | $42.79M | – | On-demand music streaming and content sharing platform | |
| trebel.io | 2014 | Los Angeles, United States | $30M | 17 | Music is downloaded and streamed through a mobile application. | |
| beatsmusic.com | 2013 | San Francisco, United States | $120M | – | Curated playlists and personalized music are streamed on-demand. | |
| boomplay.com | 2015 | Guangdong, China | $20M | – | On-demand music streaming is enabled with playlist creation and downloads. |
Detailed competitors of GrooveMobile
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of GrooveMobile
The website of GrooveMobile (groovemobile.com) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with GrooveMobile. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
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All 40 similar websites and full traffic analytics for GrooveMobile
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
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Top companies in Digital Media & Publishing Platforms
10 companies that operate in the same segment as GrooveMobile (Digital Media & Publishing Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Content is shared and discussed across user-driven communities. | 2005 | San Francisco, California, United States | USD 1.62 B | – | – | |
Online platform for creating graphic images | 2012 | Surry Hills, New South Wales, Australia | USD 589.22 M | USD 668.78 M | 20,257 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Subscription-based platform for publishers' content management is provided. | 2017 | San Francisco, California, United States | USD 189.5 M | USD 1.45 M | 4,285 | |
An audio streaming platform for series and stories is operated. | 2018 | Bengaluru, Karnataka, India | USD 196.66 M | USD 30.62 M | 1,044 | |
Platform connecting readers and writers, offering digital literature in multiple languages | 2014 | Bengaluru, Karnataka, India | USD 92.65 M | USD 6.84 M | 162 | |
Native advertising solutions are delivered via a cloud-based content platform. | 2006 | New York, New York, United States | USD 403.72 M | USD 1.3 B | 1,800 | |
Online storytelling platform | 2006 | Toronto, Ontario, Canada | USD 117.82 M | – | – | |
Online platform allows users to read and write blogs | 2012 | San Francisco, California, United States | USD 162.97 M | – | – | |
Ad network platform is utilized for content recommendations and monetization. | 2007 | New York, New York, United States | USD 160 M | USD 1.91 B | 2,024 |
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Related news about Groovemobile
Complete news archive for GrooveMobile
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Frequently Asked Questions about GrooveMobile
GrooveMobile was founded in 2004 and raised its 1st funding round 2 years after it was founded.
GrooveMobile is a funded company, having raised a total of $17.8M across 3 funding rounds to date. The company's 1st funding round was a Series B of $8.5M, raised on Mar 2006.
GrooveMobile, established in 2004 and currently in Dissolved stage, focuses on media and entertainment, dealing with music services, streaming services, and p2p platforms. A peer-to-peer platform for music streaming and sharing. Adapting to market demands with innovation and client-focused strategies.
GrooveMobile's top competitors include Deezer, Spotify and SoundCloud.
GrooveMobile has 6 investors. Key investors include Livewire Mobile, ORIX USA, CRV, Kodiak Venture Partners, and Egan-Managed Capital.
Yes. GrooveMobile was acquired by Livewire Mobile in March 2008.
The website of GrooveMobile receives about 681 thousand visits a month.