Legitmix is the only marketplace for remixed music.
Business Model:
Revenue: $10M
Employees: 2-10
Address: 2102 - 400 Slater Street
City: Ottawa
State: ontario
Zip: K1R 7S7
Country: CA
Legitmix is the only marketplace for remixed music. The current music licensing system makes it next to impossible to sell countless popular remixes and mashups, leaving a massive market untapped. Legitmix provides a technological alternative that allows remixers to sell their work and get the artists they remix get credited and paid. Legitmix serves the millions of people who buy remixes for their enjoyment or for an activity (DJing, dance routine, exercise class). Hypebot described Legitmix as “one of the most innovative offerings to date." MIT Technology Review noted Legitmix&s;s "innovation is the replacement of the old process – lawyers, contracts, permissions – with a straightforward API.” Thousands of remixers including prominent DJs Diplo and Earworm sell their remixes on Legitmix.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2011 | Angel Round | 1 | $2.5M |
Purple Angel Purple Angel |
3/2012 | Venture Round | 1 | - |
The Ontario Capital Growth The Ontario Capital Growth |
3/2012 | Venture Round | 1 | - |
The Ontario Capital Growth The Ontario Capital Growth |
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