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European music industry startups

The Tech.EU put together an excellent list of European travel technology startups.

spotify

Spotify /Stockholm, Sweden/

Founded in 2006, popular music streaming service Spotify is currently available in 57 markets across the globe. The company, which has reportedly garnered more than 40 million active users and over 10 million paid subscribers, has received about $537 million in funding. And their HQ is pretty cool.

 

deezer

Deezer /Paris, France/

Music streaming service Deezer, founded in 2006, is live in more than 180 countries around the word. The company is backed by approximately $150 million in financing. Deezer claims to have 16 million active users and 5 million paid subscribers.

 

zwooq

Zvooq /Moscow, Russia/

Zvooq (Russian for ‘sound’) is a digital music streaming service available in Russia, Ukraine, Belarus, Moldova, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Georgia, Armenia and Azerbaijan. Recently, it announced a $20 million Series A funding round.

 

soundcloud

SoundCloud /Berlin, Germany/

Founded in 2007 by Alexander Ljung and Eric Wahlforss, SoundCloud is a social platform that lets users upload, share and stream audio of all types. The company, which reportedly sees about 175 million unique listeners on its platform per month, has raised more than $100 million in venture capital.

 

mixcloud

Mixcloud /London, UK/

Mixcloud, founded in 2008, dubs itself as the “home for on-demand radio shows, DJ mixes and podcasts”. The service, which counts about 10 million monthly users, recently introduced subscription plans in an attempt to laser in on monetization. They’re also bootstrapping the business, which is refreshing.
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