NetDevices
Latest round
- Series B
Last raised
- Aug 2005
Total raised
- $25M
Investors
- 5
About NetDevices
NetDevices Inc.NetDevices Inc. provides a comprehensive platform for music publishing and influencer collaboration. Founded in 2003 in Sunnyvale, US, the company has undergone strategic pivots to enhance its operations. Notably, in May 2007, Alcatel-Lucent agreed to acquire NetDevices for an undisclosed sum.Netd Music operates as a prominent platform for publishing music videos across various genres, including Turkish pop and alternative music. Since its launch in 2018, the company has amassed over 24 million subscribers on its YouTube channel, making it one of the most viewed globally. Netd functions as a multi-channel network (MCN) that specializes in influencer marketing, partnering with various YouTube channels to enhance their reach and visibility. The primary users encompass music enthusiasts within Turkey and its neighboring regions, as well as international audiences seeking diverse musical experiences.Netd Music generates revenue through its multi-channel network model, engaging in partnerships with content creators on YouTube. The company utilizes a structured revenue-sharing agreement, allowing a portion of ad revenues from music video views to be shared between Netd and its partnered channels. This model enables Netd to leverage the rising popularity of digital music consumption while providing artists with monetization opportunities. Furthermore, Netd may pursue B2B partnerships with brands interested in influencer marketing for promotional campaigns.NetDevices plans to enhance its offerings by launching new products aimed at expanding its influence in the digital music space.00 mn will support these initiatives, including potential expansions into new geographic markets. Specific target regions for this expansion have not been disclosed.
Who invested in NetDevices
5 investors across 1 round
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Funding rounds
Series B
Aug 19, 2005
Amount
$25M
Investors
Questions about NetDevices
Who invested in NetDevices?
NetDevices has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NetDevices raised?
NetDevices has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did NetDevices last raise money?
NetDevices's most recent round on record is a Series B, in Aug 2005.
What does NetDevices do?
NetDevices is a internet company.
Where is NetDevices headquartered?
NetDevices is headquartered in Sunnyvale, US.
Which VCs invest in companies like NetDevices?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at NetDevices's stage. Their profiles are linked below.
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