SpinMedia

Los Angeles, United States Founded: 2005 • Age: 21 yrs Acquired By Digital Remedy
Networking platforms for music and pop culture fans are operated.
Annual revenue - Latest available
Total funding $70.0M 5 rounds
Employees 7 Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About SpinMedia

SpinMedia is a company based in Los Angeles (United States) founded in 2005 by Anthony Batt was acquired by Digital Remedy in December 2016. SpinMedia has raised $70 million across 5 funding rounds from investors including Digital Remedy, Focus Ventures and Anthem Venture Partners. The company has 7 employees as of December 31, 2016. SpinMedia has completed 3 acquisitions, including Absolutepunk, Deathandtaxes and PureVolume. SpinMedia operates in a competitive market with competitors including Myspace, FanLabel, makromusic, Ultimate Guitar and Jammcard, among others.

  • Headquarter Los Angeles, United States
  • Employees 7 as on 31 Dec, 2016
  • Founders Anthony Batt
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Spinmedia Group, Inc.
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts Unlock Sub-Sector Unlock Segment
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $70 M (USD)

    in 5 rounds

  • Latest Funding Round
    $7.5 M (USD), Series D

    Sep 18, 2014

  • Investors
  • Employee Count
    7

    as on Dec 31, 2016

  • Investments & Acquisitions
  • Acquired by
    Digital Remedy

    (Dec 28, 2016)

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Funding Insights of SpinMedia

SpinMedia has successfully raised a total of $70M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $7.5 million completed in September 2014. 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 SpinMedia

SpinMedia has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Digital Remedy, Focus Ventures and Anthem Venture Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Expansion-stage investments in US tech and offline sectors are made.
Locked Locked Locked
Early-stage tech startups in Southern California are invested in.
Locked Locked Locked
Private equity investments are made in digital infrastructure and technology services.
Locked Locked Locked
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Investor details for SpinMedia

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by SpinMedia

SpinMedia has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Absolutepunk, Deathandtaxes and PureVolume.

Investments
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Investment portfolio details for SpinMedia

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Online magazine focused on music and musicians
Locked Locked 2012 Locked
American social news webzine
Locked Locked 2008 Locked
Digital music streaming and sharing platform
Locked Locked 2003 Locked
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Complete acquisition details for SpinMedia

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - SpinMedia

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Detailed financials for SpinMedia

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  • Profit trends
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Spinmedia Comparisons

SpinMedia Primary company
Description
Networking platforms for music and pop culture fans are oper...
Location
Los Angeles, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
7
As of 2016
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Peer comparison for SpinMedia

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of SpinMedia

SpinMedia 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, makromusic, Ultimate Guitar and Jammcard, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
On-demand music streaming and content sharing platform
Locked Locked Locked
FanLabel is operated as a music-based gaming platform.
Locked Locked Locked
Online social platform for connecting with people with similar music taste
Locked Locked Locked
Operates a social networking platform for music enthusiasts and artists.
Locked Locked Locked
Online social platform for music professionals
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Detailed competitors of SpinMedia

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  • Domains and locations
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Latest news on Spinmedia

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Complete news archive for SpinMedia

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about SpinMedia

SpinMedia was founded in 2005 and raised its 1st funding round 3 years after it was founded.

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

SpinMedia is a funded company, having raised a total of $70M across 5 funding rounds to date.

As of Dec 31, 2016, the latest employee count at SpinMedia is 7.

SpinMedia was founded in 2005 in Los Angeles, United States, and operates in the online media sector. Platforms are provided for users to share stories, join communities, and explore content focused on music, celebrity news, fashion, photo shoots, and music history. Brands are enabled to connect with audiences and promote products. Over 30 million users and 350 million monthly page views were reported as of February 2016.

SpinMedia's top competitors include Myspace, makromusic and Kooky.

SpinMedia has made 3 acquisitions, including Absolutepunk, Deathandtaxes, and PureVolume.

SpinMedia has 9 investors. Key investors include Digital Remedy, Focus Ventures, Anthem Venture Partners, MC Partners, and TDF Ventures.

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