Leading music funding platform beatBread has announced securing an additional $124 million in credit and equity capital as it continues to scale. The company will use the capital to expand its sales, marketing, and product operations, while providing more flexible funding to artists, writers, and independent label clients. Strategic investors who took part include Citi, Deciens Capital, Mucker Capital, and Advantage Capital.
Source: Music Funding Platform beatBread Secures $124M in Latest Round