Musical.ly
Musical.ly is a video social network for creating, sharing, and discovering short videos.
Business Model: B2C
Revenue: $0
Employees: 51-500
Rankings
Detailed Musical.ly Information
Musical.ly was acquired by
Toutiao.
The acquisition happend on 2017-11-09.
Details of the transaction were not public
Acquirer
Geographic Data
Address:
City: Santa Monica
State: California
Zip:
Country: United States
Financial Info
Stage:
series c
Raised Last:
$134M
Raised Total:$150M
Social
Metrics
1,003,903Website Global Rank
39,452Website Monthly Traffic
Twitter Followers
Description
Founded in 2014, by creator Alex Zhu and longtime friend, Luyu Yang, musical.ly is a video social network for creating, sharing and discovering short videos. Every day, millions of teens use musical.ly as an outlet to express themselves through singing, dancing, comedy, and lip-syncing. The app celebrates creativity with videos recorded in 15 seconds or less that are shared across the musical.ly community. More than half of U.S. teens are users of musical.ly. Since first being made available in October 2014, musical.ly has hit #1 in the iOS App Store for free apps in 20 countries - including the United States. In 2017 Musical.ly was acquired by ByteDance subsidiary Toutiao, and in 2018 Musical.ly was merged into ByteDance subsidiary TikTok.
Contact Phone:
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2015 | Series B | 1 | - |
5Y Capital 5Y Capital |
5/2016 | Series C | 13 | $133.5M |
Goodwater Capital SIG China (SIG Asia Investments) Legend Capital Qiming Venture Partners KUNLUN DCM Ventures GX Capital Cheetah Mobile Greylock CRCM Ventures GGV Capital GX Capital Qiming Venture Partners Morningside Group Goodwater Capital SIG China (SIG Asia Investments) Legend Capital Qiming Venture Partners KUNLUN DCM Ventures GX Capital Cheetah Mobile Greylock CRCM Ventures GGV Capital GX Capital Qiming Venture Partners |
8/2015 | Series B | 6 | $16.6M |
Susquehanna International Group (SIG) Morningside Group Greylock GGV Capital CRCM Ventures Cheetah Mobile Susquehanna International Group (SIG) |
1/2014 | Seed Round | 1 | $250k |
CRCM Ventures |
10/2015 | Series B | 1 | - |
|---|
| Announced Date | Name | Price |
|---|
Employee Departments
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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