MyMusicTaste gets US$11M, StickEarns gets funded by East Ventures, and Spark Systems welcomes industry veterans to advisory board
MyMusicTaste raises US$11M Series C
Seoul-based MyMusicTaste has raised US$11 million in Series C round, according to a report by TechCrunch. The round was led by KTB Network, with participation from Stonebridge and Yellow Dog.
The startup was founded in December 2013, and lets fans campaign to bring their favourite artists to their city. Currently, MyMusicTaste has 1.3 million users worldwide and has been used to plan over 140 events in 32 cities.
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MyMusicTaste plans to use its Series C funding to double the concerts it organises in 2018, expand to more genres, strengthen its data science and engineering, and open regional offices in Southeast Asia, Europe, and the United States.
StickEarn secures seed funding from East Ventures
Jakarta-based startup StickEarn has announced that it has secured seed funding from venture capitalist East Ventures. The investment, the amount of which remains undisclosed, will be used to strengthen the startup’s development and operations, as stated in an official release.
Launched in January 2017, StickEarn provides an outdoor platform that connects drivers with advertisers to create memorable vehicle advertising that makes it easy for advertisers to track ad performance, and for drivers to earn additional income.
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“In a short span of less than a year, StickEarn has worked with 50 companies and tens of thousands of drivers have become our partners,” Archie Carlson, Co-Founder of StickEarn explains. In addition to vehicle advertising, the startup also provides advertisers with customised consultations and solutions.
StickEarn is currently operating in 14 major cities across Indonesia.
Spark Systems welcomes Paul Scott and Alain Kamagi into advisory board
MAS-backed fintech startup Spark Systams has announced that industry veterans Paul Scott and Alain Kamagi will be joining its advisory board.
Scott is a 30-year investment banking and financial market veteran, spending the last decade as Global Head of e-Trading and Spot Foreign exchange for Commerzbank in Singapore. Kamagi is Managing Partner at global capital markets firm UNTL specialising in foreign exchange. Prior to UNTL, Kamagi was Managing Director at HSBC Bank USA.
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“I am pleased to have both Paul and Alain join our advisory board at this time,” says Spark Systems Founder and CEO Wong Joo Seng in a press statement. “Their combined wealth of experience in the financial services will be invaluable as Spark Systems continues in our efforts to build a global network of investors.”
Singapore-based Spark Systems is a platform that provides an all-around solution for FX trading, directly connecting buyers and sellers. Scott and Kamagi will serve as consultant in the development of the startup’s foreign exchange trading platform.
The post Captain’s Log, Nov 8: MyMusicTaste raises Series C, StickEarn gets seed funding, and Spark Systems has new advisors appeared first on e27.