Imeem
Company

Last deal

$6M

Amount

Venture - Series Unknown

Stage

01.08.2009

Date

3

all rounds

$27.13M

Total amount

date founded

Financing round

General

About Company
Imeem is a social music service that allows users to stream music and video for free.

Industry

Sector :

Subsector :

Keywords :

founded date

01.11.2003

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Launched in 2006, imeem partners with major labels and independent labels to offer free, on-demand streaming of music and video content. With over 25 million unique users per month, imeem's embeddable playlist widgets reach over 85 million users. In 2009, MySpace acquired imeem for $8 million, including debts and employee earn outs. imeem is an online community where artists, fans, and friends can promote their content and discover new music, photos, and blogs.
Contacts

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

Myspace

announced date

18.11.2009

Financials

Funding Rounds
6
3

Number of Funding Rounds

$27.13M

Money Raised

Their latest funding was raised on 01.08.2009. Their latest investor Sequoia Capital. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Warner Bros.

Warner Bros.

Warner Bros. is a global leader in entertainment.

Sector

Media

Subsector

Entertainment

Keywords

Media and Entertainment, Manufacturing, Music

Location

Burbank, CA, USA

count Of Investments

20

count Of Exists

8
Co-Investors
Investors
10
1

Number of lead investors

10

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series A, Venture - Series Unknown
No
Series A, Venture - Series Unknown
No
Venture - Series Unknown
Sequoia Capital

Sequoia Capital

Sequoia is a venture capital firm that helps daring founders build legendary companies from idea to IPO and beyond.

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General Industrials

Subsector

Diversified Industrials

Location

Menlo Park, CA, USA

count Of Investments

1970

count Of Exists

319
Mark Kvamme

Mark Kvamme

Mark Kvamme is currently a Co-founder and partner for Drive Capital

current job

Drive Capital
Drive Capital

organization founded

1
Morgenthaler Ventures

Morgenthaler Ventures

Morgenthaler Ventures is a venture capital and private equity firm that invests in IT and life sciences companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Menlo Park, CA, USA

count Of Investments

260

count Of Exists

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First Round Capital

First Round Capital

First Round Capital is a seed-stage venture firm that helps technology entrepreneurs and companies build successful businesses.

Sector

General Industrials

Subsector

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Location

San Francisco, CA, USA

count Of Investments

582

count Of Exists

181
Acquisitions
2
Acquiree Name 
Date 
Price 
Acquisition Name 
Snocap acquired by Imeem

Snocap acquired by Imeem

acquirer

Imeem
Imeem

date

01.02.2008

type

Acquisition
Snocap

Snocap

Snocap is a digital rights and content management company that helps content owners register their content and set business rules.

Sector

Software and Computer Services

Subsector

Consumer Digital Services

Keywords

Content, Content Marketing, Music

Location

San Francisco, CA, USA

total rounds

4

total raised

$27.4M
Wolf - Band Radio acquired by Imeem

Wolf - Band Radio acquired by Imeem

acquirer

Imeem
Imeem

date

28.01.2008

type

Acquisition
Wolf - Band Radio

Wolf - Band Radio

Anywhere.fm allows users to upload and play their music collections from anywhere on the web.

Sector

Software and Computer Services

Subsector

Software

Keywords

Broadcasting, Music, Software

Location

San Francisco, CA, USA

total rounds

1

total raised

$15K

People

Founders
1
Dalton Caldwell
Dalton Caldwell

Dalton Caldwell

Dalton Caldwell is a Partner and the Head of Admissions at Y Combinator. He was the cofounder and CEO of imeem (acquired by MySpace in 2009), and the cofounder and CEO of App.net. He has a BS in Symbolic Systems and a BA in Psychology from Stanford University.

current job

Y Combinator
Y Combinator

count Of Investments

12

count Of Exists

4

Dalton Caldwell

Employee Profiles
15
Ali Aydar

Ali Aydar

COO

Anson Tsai

Anson Tsai

Senior Software Engineer

Jasson Schrock

Jasson Schrock

Multimedia Designer

Craig Kimerer

Software Engineer

Activity

Recent News
0