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Venture Capital News: TuneGO Announces $1.2M in Financing

2015-02-12
music discovery platform that helps elevate new artists and their music, today announced $1.2M in funding
LAS VEGAS, NV, TuneGO, the music discovery platform that helps elevate new artists and their music, today announced $1.2M in funding; new distribution partners, including Spotify, Slacker and APM Music; and the addition of legendary producers and songwriters recognized for working with music superstars such as Christina Aguilera, Michael Jackson, Black Eyed Peas, Bon Jovi, Kelly Clarkson and Aerosmith to the TuneGO production team. In development since late 2013 and set for nationwide launch in Q1 2015, TuneGO eliminates historical barriers to entry in the music industry by enabling artists to get music in front of fans and, unlike other services, connect with industry executives to secure licensing and distribution of their music. The round includes investments from serial entrepreneur Chris Murray and Pasadena Angel investor, Kenny Kam.

'We started TuneGO to change the way the world discovers music,' says John Kohl, co-founder and CEO, TuneGO. 'There are plenty of platforms that connect artists with the masses, TuneGO is the only platform that has the technology and relationships to connect artists with music fans, accomplished producers, songwriters and industry decision makers.'

Unlike other services, TuneGO offers rating systems and tools necessary to help guide an artist's development and secure commercial distribution. One of the unique features is the patent-pending TuneGO Score, an algorithmic filtering tool that combines social activity, crowd-sourced feedback, live event activity, professional reviews and other factors to determine an artist's likelihood of commercial success.

TuneGO's production team includes Grammy Award-winning producers with a combined $5 billion in retail sales, and over 300 million albums sold, such as:

Ron Dante, legendary producer of Barry Manilow, Cher and Pat Benatar
Desmond Child, member of the Songwriters Hall of Fame for hits such as 'Livin on a Prayer,' 'You Give Love a Bad Name,' 'Bad Medicine,' who has worked with artists including KISS, Aerosmith, Bon Jovi, Kelly Clarkson, Ricky Martin and others
Peter Asher, former SVP of Sony Music Entertainment and producer of original and compilation albums from James Taylor, Carole King, Linda Ronstadt and more
John 'Jellybean' Benitez, an American musician and DJ who has produced and remixed music for artists such as Madonna, Whitney Houston, Michael Jackson and the Pointer Sisters
Click here for the complete press release and more information.

About TuneGO
TuneGO is a revolutionary, interactive online community that brings the music industry to the artist by connecting independent musicians with music lovers, entertainment companies, industry experts, and the world's most successful producers and songwriters. TuneGO offers a cloud-based career development platform that offers tools, personalized services and educational resources to advance the careers of musicians. For more information, go to www.tunego.com
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