PledgeMusic to buy Golden Venture Partners-backed Set.fm
PledgeMusic has agreed to acquire Set.fm, an Austin, Texas-based online platform and app suite that enables the sharing and selling of audio recordings of live performances in real-time. No financial terms were released. London-based PledgeMusic, which also agreed to buy NoiseTrade, said the combination of the companies will create "a unique platform" that supports the full life-cycle of recordings, tours and the "constantly-changing forms of artistic output." Set.fm, which was founded in 2011, raised funding from several investors. Canadian venture capital firm Golden Venture Partners led its $1.2 million seed round in 2013.
9 March 2016•4 mins read
