Overview

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Status
Acquired by on August 17, 2010
Total Equity Funding
$8.5M in 2 Rounds from 2 Investors
Headquarters:
Cambridge, MA
Description:
Conduit Labs is a Boston-based social entertainment company developing music video games.
Founders:
, , ,
Categories:
MMO Games, Software, Music
Website:
http://conduitlabs.com

Company Details

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Conduit Labs is the largest provider of music games on the web, creating a new model for monetizing music and other media through fun social games.

Conduit Labs is the largest holder of music rights of any music games company, and driven to make the opportunity for music games even larger than the opportunity for music videos 20 years ago. We believe digital media will need to find ways to engage with users in deeper, more interactive, and lasting ways in order to flourish in the new media landscape.

The founders come from a background in web and gaming, being involved in the popular music games Guitar Hero, Rock Band, and in the pioneering massive multiplayer game Asheron's Call. They are backed by Charles River Ventures and Prism Ventures.

Funding Rounds (2) - $8.5M

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DateAmount / RoundValuationLead InvestorInvestors
Sep, 2009$3M / Series B2
Aug, 2007$5.5M / Series A2

Current Team (4)

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Board Members and Advisors (1)

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Products (3)

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  • Loudcrowd is an online music community focused on music gaming and virtual goods. Loudcrowd users listen to a constant stream of new music
  • Music Pets was launched in 2010
  • Super Dance was added to CrunchBase in 2010

Competitors (6)

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  • Harmonix Music Systems is a videogame development company that offers Beatles and Rock Band music games in North America and more.
  • JamLegend is an online, browser-based music video game.
  • OMGPOP is a leading developer of social games for facebook, iphone and the open web.
  • Slide enables users to create and personalize widgets and use them on social networks, blogs and desktops.
  • Three Rings is a self-contained game development studio focused on creating online games.
  • Zynga makes online social and mobile games. Four years after its founding, Zynga had grown to over $1 billion in revenue and IPO'd in 2011.

Offices/Locations (2)

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  • Office

    One Broadway

    14th Floor

    Cambridge, MA 02142

    USA

  • Office

    New York, NY

    USA

Past Team (2)

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