About Mugo
Mugo is a company based in Herzliya (Israel) founded in 2016 was acquired by Deezer in July 2020. Mugo has raised $8.08 million across 3 funding rounds from investors including Deezer and TV Azteca. Mugo operates in a competitive market with competitors including Myspace, FanLabel, Playlist, makromusic and Ultimate Guitar, among others.
- Headquarter Herzliya, Israel
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Sectors
Media & Entertainment
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Funding Insights of Mugo
Mugo has successfully raised a total of $8.08M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in May 2018. 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 Mugo
Mugo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Deezer and TV Azteca.
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Television network operations are conducted in Mexico.
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Online platform for on-demand music and radio streaming
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Investor details for Mugo
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Investments & Acquisitions by Mugo
Investment portfolio details for Mugo
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Financial Statements - Mugo
Detailed financials for Mugo
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- Profit trends
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Mugo Comparisons
Peer comparison for Mugo
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- Named peers
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Competitors of Mugo
Mugo 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 Myspace, FanLabel, Playlist, makromusic and Ultimate Guitar, among others.
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On-demand music streaming and content sharing platform
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FanLabel is operated as a music-based gaming platform.
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Music is discovered and shared via friends' and expert-curated playlists.
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Online social platform for connecting with people with similar music taste
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Operates a social networking platform for music enthusiasts and artists.
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A platform is operated for K-Pop fan engagement.
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Detailed competitors of Mugo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Mugo
Complete news archive for Mugo
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Frequently Asked Questions about Mugo
Mugo was founded in 2016.
Mugo is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.
Mugo is a funded company, having raised a total of $8.08M across 3 funding rounds to date.
Mugo was founded in 2016 in Herzliya, Israel, as a social music player app focused on streaming and discovery. Music from various sources is aggregated into a single platform, where sharing with friends is enabled. Features include live music sharing for remote listening, 360 VR performance viewing, mood-based playlists, DJ playlist following, and location-based discovery. As of November 2016, the app remained unlaunched and beta testers were being recruited.
Mugo's top competitors include Myspace, makromusic and Playlist.