musiXmatch Announces 3.7 Million Dollars in Series A Funding, Aims to be the IMDB for Music With the Largest Official Lyrics Catalogue in the World
musiXmatch, the leading digital lyrics API, today announced that it has raised 3.7 Million dollars in Series A funding from leading investor Francesco Micheli Associati, enabling musiXmatch to expand their lyrics offering to application developers, music services and OEMs around the world. With over 5.3 million lyrics and growing, musiXmatch features the largest official lyrics database in the world, and is the first lyrics API to fully provide international rights management.
Designed for commercial use, the musiXmatch lyrics API enables online music services to increase user engagement using officially licensed lyrics and music metadata. Featuring partnerships with BMG, Kobalt, Universal Music Publishing Group, Sony ATV Music, Harry Fox Agency, and more, musiXmatch is the fastest growing monetization platform in the music publishing industry.
“From day one, musiXmatch has been committed to providing the most scalable song lyrics matching service on the market by providing mobile, social and online services with the lyrics that they need to create deeper and more engaging online music experiences. All through one simple API,” said Max Ciociola, CEO and Founder of musiXmatch, “Our goal is to make musiXmatch the largest provider of lyrics and music metadata for both mobile and connected devices by delivering the highest quality lyrics worldwide. We plan to use this funding to expand our product reach in the US and Asia”
“Francesco Micheli Associati is focused on start-up investments in the entertainment and digital media companies based in Europe, backing successful and skilled entrepreneurs.” said Carlo Micheli, managing director of Francesco Micheli Associati “musiXmatch brings together an amazing team of people together with a solid business plan.”
Localized in more than 18 languages, musiXmatch enables music lovers to access lyrics from their favorite music services and personal music library. musiXmatch’s innovative music matching algorithms instantly provide end users and music providers with the most accurate lyrics available. For more information on how your music company can harness the power of online lyrics, visit: http://www.musixmatch.com or https://developer.musixmatch.com