SFX Entertainment buys venture-backed music app Listn

Listn, a music app created by Montréal-based company MFive Labs Inc, announced that it is joining Beatport, a brand affiliate of U.S. media conglomerate SFX Entertainment Inc. The financial details of the acquisition were not published. MFive Labs, a graduate of Canadian startup accelerator FounderFuel, received seed-stage funding from Canadian venture capital firms BDC Capital and Real Ventures last year. Beatport is a disc jockey and electronic music community. It was acquired by SFX in early 2013.

22 October 2014•2 mins read
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