Beyond Oblivion
Beyond Oblivion, a music and technology company, offers Bonic, a social music service that distributes a legal music library from a cloud.
Business Model:
Revenue: $10M
Employees: 2-10
Rankings
Detailed Beyond Oblivion Information
Geographic Data
Address:
City: New York
State: New York
Zip:
Country: United States
Financial Info
Stage:
series unknown
Raised Last:
$87M
Raised Total:$174M
Social
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0Website Monthly Traffic
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Description
Beyond Oblivion is a music and technology company founded in 2008 by its CEO, Adam Kidron. Its principle shareholders are Wellcome Trust, News Corporation, Allen &a; Company, Intertrust Technologies Corporation, and Adam Kidron. Beyond Oblivion&s;s first go-to-market product is boinc. boinc is a magnetic and social music service that distributes a vast legal music library from a cloud (supplied by majors, independents, and artists the world over), and embeds the right to download and PLAY IT ALL within devices like PCs, tablets, autos and smartphones. boinc replaces paid-download, paid subscription, and advertiser-supported services with an inexpensive one-time, lifetime-of-device usage fee - paying copyright owners a micro-royalty per play, no matter if the original file were legally or illegally downloaded.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2012 | Venture Round | $87M | 3/2011 | Private Equity Round | 2 | $77M |
News Corp Wellcome Trust News Corp Wellcome Trust |
4/2010 | Series B | 1 | $10M |
News Corp News Corp News Corp News Corp |
|---|
| Announced Date | Name | Price |
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