Beatdapp says its technology analyzes massive datasets to sniff out fraudulent streams, ensuring rightful payouts for artists and rights holders. The company says it analyzed more than 2 trillion streams and 20 trillion data points in 2023, while onboarding key clients. Beatdapp plans to use the latest funding to recruit senior leaders, expand its data science and technical teams, and venture into new markets such asAsia, India,and Europe.
Source: Streaming fraud detection platform Beatdapp raises $17m, inks partnership with Universal Music Group