Tech Company Financing Transactions
Symphonic Distribution Funding Round
Symphonic Distribution, based in Tampa, scored $4 million in funding from Ballast Point Ventures.
Transaction Overview
Company Name
Announced On
12/1/2017
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
Ballast Point Ventures (Lead Investor) (Robert Faber)
Proceeds Purpose
Symphonic will use the investment to add to its sales force, bolster its marketing efforts and enhance its product capabilities.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
707 North Franklin St. 4th Floor
Tampa, FL 33602
USA
Tampa, FL 33602
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2006 by former music producer Jorge Brea, Symphonic provides thousands of new and established record labels, managers, and artists with global digital music and video distribution to hundreds of retail and streaming platforms, playlist pitching, release promotion, and a comprehensive suite of label services.
Management Team
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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