Music Messenger App Raises $30 Million; Focuses on Brazil, Russia, and India

Advertisement
By Reuters | Updated: 22 April 2015 12:37 IST
A mobile phone app that allows users to send music to each another for free has raised $30 million from private investors including Russian billionaire and Chelsea soccer club owner Roman Abramovich.

Music Messenger, co-founded by Israeli entrepreneur O.D. Kobo and launched seven months ago, said on Tuesday Abramovich had invested $15 million.

Other backers included Benny Andersson from pop band ABBA, artists David Guetta, Will.i.am and Avicci, and Gee Roberson, manager of Nicki Minaj, who is also an investor.

Music Messenger allows users to create multiple playlists and send music to each another's mobile phones for free. It is widely used as a promotional tool by the music industry as users get introduced to many songs.

Advertisement

The company has raised $35 million in total and is valued at more than $100 million, it said.

Advertisement

The app is attracting 1 million new users per month and is available in 10 different languages.

It plans to launch in China over the summer and is also focusing on Brazil, Russia and India.

Advertisement

© Thomson Reuters 2015

 
Post your comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Apps, Music Messenger
Broadcom Profit Beats Expectations on Rising Demand From Smartphone Makers
Uber Complies With German Ban on Unlicensed Cab Drivers
Advertisement

Related Stories

Popular on Gadgets
Latest Gadgets
Popular Mobile Brands
#Trending Stories
  1. Scientists Finally Find Why Sodium-Ion Batteries Lose Voltage
  2. China and NASA Coordinate to Avoid Satellite Collision for the First Time
#Latest Stories
  1. SpaceX Boosts Starlink Network with 28 New Satellites from California
  2. Antarctica Nears Irreversible Climate Tipping Point, Scientists Warn
  3. China and NASA Coordinate to Avoid Satellite Collision for the First Time
  4. Jujutsu Kaisen Season 3 OTT Release: Know When and Where to Watch the Culling Game Arc
  5. Jurassic World: Rebirth OTT Release: Know When, Where to Watch the Scarlett Johansson-Starrer
  6. Karam Is Now Streaming Online: Where to Watch Vineeth Sreenivasan's Malayali Action Thriller
  7. Kamaro 2 Is Streaming Now on Sun NXT: Know All About the Horror Suspense Film
  8. Saali Mohabbat OTT Release: Know When and Where to Watch the Radhika Apte-Starrer
  9. Scientists Identify Oxygen Trapping Weakens Sodium-Ion Battery Performance
  10. Scientists Develop Two-Level Strategy to Power Next-Gen Lithium–Sulphur Batteries
Gadgets 360 is available in
Follow Us
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.