Kleiner Perkins Caufield & Byers

  1. Spotify Raising $100m for Expansion; Opening in Latin America, Eastern Europe Next Year

    November 11, 2012 9:00 AM EST Spotify is close to wrapping up a $100 million round of funding at a valuation of $3 billion as it prepares for expansion into Latin America and expanding further across Europe in 2013. The latest round of funding, confirmed by a source familiar w ...

  2. Turntable.fm Chairman Seth Goldstein Returns With EDM-Centric DJZ

    October 31, 2012 4:25 PM EDT Serial entrepreneur Seth Goldstein, chairman of social music service Turntable.fm , is back with another music project, DJZ - and he's brought in some Silicon Valley backers and an Internet veteran to help him run the company. With its combin ...

  3. Coca-Cola in Investment Talks With Spotify

    October 11, 2012 11:47 AM EDT Coca-Cola is in discussions with Spotify to make a small investment in the digital music company. Sources tell Billboard the two companies are in negotiations, but a deal is far from being reached. Sky News first reported on Thursday that the two ...

  4. 40 Under 40: Alexander Ljung

    August 02, 2012 2:35 PM EDT Alexander Ljung Music Sponsorship Agent, Creative Artists Agency Website: Soundcloud.com Twitter: @Alexanderljung Forecasting Music's Future SoundCloud has grown into a near-ubiquitous platform for sound on the Internet. If you've stream ...

  5. Business Matters: Google Going Vertical, Plans to Invest in Online Video Creator Machinima

    May 07, 2012 5:53 PM EDT Google Invests in Video Company Machinima Get ready for more vertical integration in the online video business. Google is set to invest in video company Machinima, according to a report Monday at All Things D. Machinima offers videos for video gam ...

  6. SoundCloud Announces New Round of Funding, Led by Kleiner Perkins

    January 03, 2012 7:48 AM EST SoundCloud announced a new funding round led by Kleiner Perkins Caufield & Byers, the company said in a statement Monday. The size of the funding round was not revealed, but TechCrunch claims the amount is $50 million, which gives the company ...

  7. Business Matters: Lockerz Gets Investment from Live Nation, Sells Its Tickets, Too

    August 03, 2011 4:58 PM EDT Lockerz Gets Investment from Live Nation, Sells its Tickets, Too - Live Nation has backed online rewards company Lockerz . Other investors in the $36 million Series C funding round include DAG Ventures, Liberty Media, and Kleiner Perkins Caufield ...

  8. Twitter Nearly Doubles In Value to $7 Billion in Seven Months

    July 06, 2011 7:33 AM EDT NEW YORK - While other hot Internet companies have gone public, Twitter is privately raising hundreds of millions of dollars in a new financing round that values the company at as much as $7 billion, the Wall Street Journal reported Tuesday. It sa ...

  9. Shazam Raises $32 Million to Expand Music, TV Services

    June 22, 2011 10:35 AM EDT Shazam , whose technology lets people use their cell phones to learn the names of songs, has raised $32 million in funding to bolster expansion plans and move the company closer to a potential public stock offering. The new funding, led by venture ...

  10. Shazam Posts $16 Million In Revenue From 80 Million Users

    April 07, 2011 1:13 PM EDT Digital music is increasingly becoming a mix of large audiences and small revenues. Take, for example, the latest financials of music identification company Shazam. The company had a loss of 635,000 pounds ($957,000) on revenue of 10.6 million ($1 ...

  11. BACKBEAT: @Billboard's Mobile Entertainment Live Music App Summit

    October 05, 2010 12:00 AM EDT “Stand on your chair and call bullshit when you start to hear some on stage,” Bill Werde , editorial director for Billboard, encouraged a room fill of music and tech industry players this morning during opening remarks at the Billboard Mobile Ente ...

  12. @MEL: Shazam Funder To Music Labels: Don't Be Greedy

    October 05, 2010 12:00 AM EDT Music labels needs to get apps into users' hands and stop getting hung up on licensing fees, said Matt Murphy, partner at Kleiner Perkins Caufield & Byers. Their $200 million iFund has invested in 15 iPhone apps including Shazam, a hit mu ...

  13. FULL COVERAGE: Billboard Mobile Entertainment Live Music App Summit in San Francisco #MEL2010

    October 05, 2010 12:00 AM EDT WATCH: Smule Co-founder Talks Apps, Acquisitions, The Majors and More October 06, 2010 Smule co-founder Ge Wang sat with Billboard at the Billboard Mobile Entertainment Live The Music App Summit - Smule took home the best artist app award for &quo ...

  14. With Mobile Apps, VCs Becoming More Selective

    September 16, 2010 12:00 AM EDT Mobile apps are exploding across all platforms, and venture capitalists are getting increasingly selective about which companies and services they’ll back. That’s the upshot of a panel at the AppNation conference taking place in San Francisco this ...

  15. Billboard Q&A: iFund Manager Matt Murphy

    October 30, 2009 12:00 AM EDT Several months before Apple opened its App Store in July 2008, the venerable Bay Area venture capital firm Kleiner Perkins Caufield & Byers launched the iFund, a $100 million investment vehicle focused on backing companies developing applicati ...

  16. Digital Briefs: Radiohead, Zune, BlackBerry

    May 12, 2008 12:00 AM EDT - Internet traffic measurement firm Hitwise takes a closer look at how free digital downloads from Coldplay, Nine Inch Nails and Radiohead affects long-term visits to each artist's Web site. Radiohead takes the prize, but it's hard to sa ...