Redigi
ReDigi is an online marketplace and cloud-based service providing pre-owned, legally-acquired digital music.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed Redigi Information
Geographic Data
Address:
City: Cambridge
State: Massachusetts
Zip:
Country: United States
Financial Info
Stage:
debt financing
Raised Last:
$763k
Raised Total:$2M
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0Website Global Rank
0Website Monthly Traffic
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Description
ReDigi is the online marketplace for pre-owned digital music and the only Cloud service that verifies whether each music file uploaded for storage was legally acquired from an eligible source. ReDigi&s;s patent pending methods are revolutionary. In addition to the highly sophisticated Verification Engine, the Atomic Cloud transfer system enables the transfer of a digital music file between buyer and seller without copying or file sharing. In addition to these technological breakthroughs, ReDigi supports artists directly through a unique platform that, for the first time in the secondhand music market, grants generous payments from each track sold (and resold) directly to the artist who created it.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2012 | Debt Financing | $763k | 7/2011 | Venture Round | $975k | 4/2011 | Venture Round | 1 | $535k |
Boston Harbor Angels Boston Harbor Angels |
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Employee Departments
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