Investors Collaborate with Smule to the Tune of $26M
April 24, 2015
Just over a year after a $17 million funding valued it at $183 million, Smule has raised a fresh $36 million in debt and equity financing. The equity portion was led by Adams Street Partners and the debt was provided by City National. More than just listening to music, the platform enables users to play and sing along with artists, create their own music and discover new songs and groups. Altogether, Smule has raised over $80 million in funding and is backed by Bessemer Venture Partners, FLOODGATE Fund, Shasta Ventures and others.