Home Music Industry News All Def Digital Closes $10M Series B Financing with Third Wave Partners

All Def Digital Closes $10M Series B Financing with Third Wave Partners

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All Def Digital Closes $10M Series B Financing with Third Wave Partners, WPP And Andreessen Horowitz

Funding Will Accelerate Company’s Cross Platform Audience , Original Programming, Distribution and Brand Marketing Services-

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CULVER CITY, Calif., June 29, 2016 /PRNewswire/ — ALL DEF DIGITAL, INC. () announced today it has raised $10 million in a Series B financing led by Third Wave Digital Partners.  Other investors in the round include WPP through WPP Ventures and Andreessen Horowitz, as well as all of ADD’s existing investors: Nu Horizons, Greycroft Partners, eVentures and Advancit Capital.  The announcement was jointly made by ADD Chief Executive Officer Sanjay Sharma and co-founder and Chairman Russell Simmons.

The fastest growing media brand in urban youth programming, touching over 100 million fans monthly across YouTube and Facebook, ADD’s growth is also punctuated by industry-leading engagement and video retention metrics.

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