Idagio, a Berlin, Germany-based classical music streaming service, raised €8m in Series A funding.
Backers included Tengelmann Ventures, Mülheim/Ruhr, btov Partners, and a number of angel investors.
The company will use the funds to continue to expand operations and business reach.
Led by Till Janczukowicz, founder and CEO, Idagio provides a classical music streaming service that offers a tailor-made search for classical music. It offers curated playlists as well as an extensive catalogue of the highest quality recordings, also available in lossless audio.
The catalog already encompasses more than 140,000 recordings, with more than 5,000 recordings being added each week.
Idagio is available as a paid service via its iOS app, Android app as well as idagio.com.
It already has users in over 70 countries.
The company has 46 employees.
FinSMEs
06/12/2017