Israeli music sharing application Music Messenger has raised $30 million in a Series B funding round at a company valuation of $100 million. Investors in this round include industry insiders Gee Roberson, will.i.am, Tiesto, Nicki Minaj, David Guetta and Roman Abramovich among others.
Music Messenger is a simple way to create playlists and send music to one another. After downloading the app for free on Android or Apple devices, users can choose from millions of songs in the app’s extensive database, create and search through playlists, and send and receive songs to contacts. Users can also choose cover photos and lay text over them, to personalize the message, according to From the Grapevine.
“I think it’s an amazing and simple way to send music,” said Sebastian Ingrosso, a world-renowned DJ, music producer, member of the EDM supergroup Swedish House Mafia, and early investor in Music Messenger. “The way you can make it personal by adding pictures and text to it is genius, and this is just the beginning.”
The app is the brainchild of four Israeli friends who have been working together for the past decade – David Strauss, Shai Azran, Uzi Refaeli and O.D. Kobo – and now comprise the company’s executive board. The company employs 18 people in a small office in the Israeli coastal town of Herzliya.
Music Messenger’s founder and CEO Oded David “O.D.” Kobo, is a serial Internet entrepreneur, computer programmer and angel investor. A strong influence in a number of innovative start-ups over the last few years. Kobo started his IT career at the age of 21 by developing patented technology for the online lottery industry. He later established IT outsource facilities in Israel and China, which led him to co-found several Chinese Internet companies namely KGIM, SinoSheen and Koolanoo Group. KGIM a holding group of multiple Internet companies and a seed investment group was once partnered with the former Prime Minister of Qatar Hamad bin Jassim bin Jaber Al Thani and later sold to East River Capital for US $80 million. Kobo had also founded Pheed, a popular teen social media app that was launched in November 2012 and sold in March 2014 to Mobli Media Group a subsidiary of Carlos Slim for US $40 million.
Music Messenger allows users to create playlists from over a hundred million songs, artists and albums. Users can also send and receive full music tracks from their smartphones to anyone on their contact list. Search practically any song in the world in any language, message it or add it to a playlist. Simple and intuitive. Users can also add a cover photo to a music track and some text to make music messages more personal.