Overview

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Status
Beyond Oblivion has been closed
Total Equity Funding
$87M in 2 Rounds from 2 Investors
Headquarters:
New York, New York
Description:
Beyond Oblivion, a music and technology company, offers Bonic, a social music service that distributes a legal music library from a cloud.
Categories:
Legal, Music, Mobile
Website:
http://beyondoblivion.com

Company Details

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Beyond Oblivion is a music and technology company founded in 2008 by its CEO, Adam Kidron. Its principle shareholders are Wellcome Trust, News Corporation, Allen & Company, Intertrust Technologies Corporation, and Adam Kidron. Beyond Oblivion's first go-to-market product is boinc.

boinc is a magnetic and social music service that distributes a vast legal music library from a cloud (supplied by majors, independents, and artists the world over), and embeds the right to download and PLAY IT ALL within devices like PCs, tablets, autos and smartphones.

boinc replaces paid-download, paid subscription, and advertiser-supported services with an inexpensive one-time, lifetime-of-device usage fee - paying copyright owners a micro-royalty per play, no matter if the original file were legally or illegally downloaded.

Funding Rounds (2) - $87M

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DateAmount / RoundValuationLead InvestorInvestors
Mar, 2011$77M / Private Equity2
Apr, 2010$10M / Series B1

Investors (2)

Products (1)

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  • boinc is a social music service that enables users unlimited, on-demand access to a legal library of millions of songs without subscription

Offices/Locations (1)

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  • NY Headquarters

    16 E. 40th Street

    Suite 802

    New York, New York 10016

    United States

Past Team (5)

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Images (1)

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