OurStage Nabs $3 Million for Online Music MarketingAuthored by Mark Hefflinger on July 13, 2009 - 8:46am.
Chelmsford,
Mass. - OurStage, a provider of
online publicity and marketing services for bands and musicians, raised $3
million in its second round of venture capital, TechCrunch reported.
The company says it plans to double the amount of financing in the round. Massachusetts-based OurStage's website helps musicians gain exposure to individual listeners and industry representatives, in part through an online system that allows users to rank recordings according to their preferences. Founded in 2007, the company has now raised a total of $20 million.
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