Myspace

Los Angeles, United States Founded: 2003 • Age: 23 yrs Acquired By Specific Media
On-demand music streaming and content sharing platform

About Myspace

Myspace is a Media & Entertainment company based in Los Angeles (United States) founded in 2003, and was acquired by Specific Media in June 2011. On-demand music streaming and content sharing platform. Myspace has raised $42.79 million across 2 funding rounds from investors including News Corp, Specific Media and Redpoint Ventures. Myspace has completed 5 acquisitions, including Anywhere.fm, Slingshot Labs and Snocap. Its website myspace.com draws about 1.9 million monthly visits. Its focus areas include Consumer, Social Platforms, Interest Based and Music. Its legal entity is UNCAGED LIMITED. Its competitors include Napster, TREBEL and Beats Music; 2 of its 3 listed competitors have raised funding.

Company details

Myspace was established in 2003 in Los Angeles, United States, within the media and entertainment sector. The platform is utilized for on-demand music streaming and content sharing. News content tailored to the media industry is offered. Connections are facilitated among artists such as musicians, designers, writers, and photographers with audiences, collaborators, and partners. Revenue is derived from advertisements. A mobile application is supported on Android and iOS devices.

  • Headquarters Los Angeles, United States
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Website category Computers Electronics and Technology · Social Networks and Online Communities
  • Website myspace.com
  • Social LinkedIn X
  • Acquired by Specific Media (Jun 2011)
  • Legal Name Uncaged Limited
Key Metrics
  • Total Equity Funding
    $42.79M (USD)

    in 2 rounds

  • Latest Funding Round
    $37.79M (USD), Series A

    Mar 2005

  • Investors
    News Corp

    & 2 more

  • Investments & Acquisitions
  • Acquired by
    Specific Media

    & 1 more

    (Jun 2011)

Funding Insights of Myspace

Myspace has successfully raised a total of $42.79M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $37.79 million completed in March 2005. 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 $42.79M
  • Total Rounds 2
  • Last Round Series A β€” $37.79M
  • First Round $5M

    (Feb 2005)

  • Investors Count 1

All 2 funding rounds of Myspace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2005$37.79MSeries A––
Feb 2005$5MSeries A––
Valuation history

3 investors in total: 3 institutional.

Investors in Myspace

Myspace has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include News Corp, Specific Media and Redpoint Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Redpoint Ventures is engaged in venture capital investments.
redpoint.comWoodside, United States
New York-based multinational mass media company
1980newscorp.comNew York, United States
AI-powered programmatic advertising is delivered across digital channels.
1999specificmedia.comIrvine, United States
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Investor details for Myspace

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Investments & Acquisitions by Myspace

Myspace has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Anywhere.fm, Slingshot Labs and Snocap.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Limited information available
threadbox.comPalo Alto, United States2008Aug 2010β€’β€’β€’β€’
Technology startups are accelerated by Slingshot Labs studio.
slingshotlabs.comSanta Monica, United States2008Jan 2010β€’β€’β€’β€’
Music discovery and sharing were enabled via an online portal.
ilike.comSeattle, United States2002Aug 2009$20M
B2B digital music distribution is managed for labels and artists.
snocap.comSan Francisco, United States2002Feb 2008β€’β€’β€’β€’
Online radio broadcasting and streaming services are provided.
anywhere.fmSan Francisco, United States2007Jan 2008β€’β€’β€’β€’
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Complete acquisition details for Myspace

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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Myspace

10 dated milestones of Myspace across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Myspace is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series A, of $37.8M.
  4. Exit Acquired by News Corp.
  5. Acquisition Acquires Anywhere.fm.
  6. Acquisition Acquires Snocap.
  7. Acquisition Acquires iLike.com.
  8. Acquisition Acquires Slingshot Labs.
  9. Acquisition Acquires Threadbox.
  10. Exit Acquired by Specific Media.

Competitors of Myspace

Myspace has 3 listed competitors in our database, 2 of them funded. They include Napster, TREBEL and Beats Music.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
napster.com1999Los Angeles, United States
Napster is recognized for providing music streaming platform solutions.
trebel.io2014Los Angeles, United States$30M17
Music is downloaded and streamed through a mobile application.
beatsmusic.com2013San Francisco, United States$120M
Curated playlists and personalized music are streamed on-demand.
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Detailed competitors of Myspace

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Verified entity values are shown only after access is granted.

Web traffic of Myspace

The website of Myspace (myspace.com) receives about 1.9M visits a month and ranks #28,790 among all websites worldwide, #3,638 in Social Networks and Online Communities.

  • Monthly visits
    1.9M

    ▲ 10.2% vs previous month

  • Unique visitors
    1.1M

    per month

  • Global rank
    #28,790

    among all websites

  • Category rank
    #3,638

    Computers Electronics and Technology · Social Networks and Online Communities

Similar websites

Websites whose visitors overlap most with Myspace. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
facebook.com
100%
12.1B#3View details
friendster.com
92%
72.8K#548,705View details
twitter.com
92%
View details
hi5.com
92%
2.3M#12,817View details
fubar.com
90%
#40,595View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Myspace

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Top companies in Music Tech

3 companies that operate in the same segment as Myspace (Music Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-generated music and lyrics are created on an online platform.
2021Cambridge, Massachusetts, United StatesUSD 775 M497
Broadcast radio channels are aggregated and streamed through subscriptions.
2002San Francisco, California, United StatesUSD 98.35 M
Decentralized audio distribution is enabled for creators via blockchain technology.
2018San Francisco, California, United StatesUSD 16.1 M44
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Related news about Myspace

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Complete news archive for Myspace

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Frequently Asked Questions about Myspace

Myspace was founded in 2003 and raised its 1st funding round 2 years after it was founded.

Myspace is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Myspace is a funded company, having raised a total of $42.79M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Feb 2005.

Myspace was established in 2003 in Los Angeles, United States, within the media and entertainment sector. The platform is utilized for on-demand music streaming and content sharing. News content tailored to the media industry is offered. Connections are facilitated among artists such as musicians, designers, writers, and photographers with audiences, collaborators, and partners. Revenue is derived from advertisements. A mobile application is supported on Android and iOS devices.

Myspace's top competitors include Napster, TREBEL and Beats Music.

Myspace has made 5 acquisitions, including Anywhere.fm, Slingshot Labs, and Snocap.

Myspace has 3 investors. Key investors include News Corp, Specific Media, and Redpoint Ventures.

Myspace operates through Uncaged Limited.

Yes. Myspace was acquired by Specific Media in June 2011.

The website of Myspace receives about 1.9 million visits a month and ranks #28,790 among all websites worldwide.

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