# Shazam Entertainment

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shazam-entertainment

- Industry: Software
- Headquarters: London, UK
- Website: www.shazam.com
- Total disclosed funding: $35M
- Latest round: Series F (Jan 20, 2015)
- Investors on record: 4

## About

Shazam Entertainment Limited is a music discovery platform that enables users to identify music playing in their surroundings through a mobile application, enriching their listening experience with song details and music charts.Founded in 2002 in London, UK, Shazam Entertainment Limited provides a mobile application that identifies songs in real-time. In December 2017, Apple Inc. acquired the company for USD 400 mn, completing the acquisition in September 2018. Since its inception, Shazam has engaged in 13 deals, with the latest funding round being a TRADE SALE in 2017. The founder's previous history isn't specified in available information.Shazam offers a mobile application that identifies songs from audio samples captured by users. The platform provides access to music charts, including the Global Top 200, and integrates with streaming services like Apple Music to enhance user experience. The app serves a wide audience, including users in the United States, the United Kingdom, Europe, Asia, and Latin America, offering features that continuously evolve to meet user needs.In the most recent year, 2018, Shazam reported revenue of USD 41.95 mn and an EBITDA of USD -16.01 mn. The company's revenue model leverages partnerships with music streaming services and advertising arrangements, allowing users to connect directly to full songs through the app while capitalizing on its extensive user base for promotional opportunities.Shazam's recent acquisition by Apple Inc. positions it for enhanced growth, with plans for future product integrations and expansions into new markets. The strategic use of the USD 400 mn from the acquisition will support upcoming product developments and initiatives aimed at increasing user engagement and market reach. Specific new features and geographic targets have not been disclosed, but the company is expected to leverage Apple's resources for navigating the evolving music landscape.

## Funding rounds

- Series F, Jan 20, 2015, $30M — Kleiner Perkins, DN Capital, Flashpoint
- Series C, Dec 1, 2011 — DN Capital
- Series B, Nov 1, 2009 — DN Capital
- Series A, Mar 23, 2004, $5M — Acacia Capital Partners, DN Capital

## Investors

- Acacia Capital Partners (https://capitalatlas.ai/funds/acacia-capital-partners) — Series A
- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Series A, Series B, Series C, Series F
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series F
- Flashpoint (https://capitalatlas.ai/funds/flashpoint) — Series F