San Diego - RoyaltyShare, a provider of digital royalty and content management services to the entertainment industry, announced on Monday that it has added $4 million to its second round of venture capital financing, from Bertelsmann Digital Media Investments and Trident Capital.

Trident Capital led the round with an initial $5 million investment, bringing the company's second round total to $9 million.

Founded in 2005, San Diego-based RoyaltyShare currently counts over 150 customers for its service, which lets music labels, distributors and publishers to accurately manage the entire digital sales process.

"This new funding will be used to aggressively enhance the capabilities of our software-as-a service platform and expand our digital royalty and content management offerings to support additional media industries," said Bob Kohn, chairman and CEO of RoyaltyShare.

Related Links:
http://tinyurl.com/2kj66s

http://www.royaltyshare.com