In the latest deal involving a data-driven music company, music database startup Songkick has landed an investment from venture capital firm Sequoia Capital.
Songkick, based in East London with an office in the San Francisco Bay area, has created a database of concerts with the goal of helping music fans see more live music and not miss their favorite artists. Songkick's iPhone and its new app for the Spotify desktop client scans the user's music library to build a list of tracked artists. Its concert listings are syndicated to Vevo, Hype Machine, MTV and SoundCloud.
"Our commitment to you is that we're going to do everything in our power to innovate further around the concert experience so that one day, concerts really are for everyone," CEO Ian Hogarth wrote in a blog post announcing the funding.
The company had previously raised money from Index Ventures, Y Combinator and a group of angel investors that includes former Warner Music executive Alex Zubillaga and Ticketweb co-founder Dan Porter. Sequoia's investment in Songkick came by way of Greg McAdoo, according to a post at Songkick's blog. McAdoo is a director at startups such as Airbnb and Bump and has also invested in DailyBooth and ImagaeShack. Sequoia has invested in well known companies such as Google, Paypal, YouTube and Zappos.
Songkick falls in the broad category of data-driven music startups that has been a hub of activity in recent years. Other companies worth watching include music intelligence company the Echo Nest, social analytics companies Next Big Sound and Musicmetric and recent Live Nation acquisition BigChampagne.