Lala
Company

Last deal

$20M

Amount

Series C

Stage

01.01.2008

Date

3

all rounds

$44.15M

Total amount

Financing round

General

About Company
Lala is an online music discovery and purchasing platform.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2005

founders

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Users can listen to music for free, create playlists, and purchase tracks on Lala. By downloading a plugin, users can also sync their desktop music libraries to their Lala account, eliminating the need for long uploads. If a song is already in Lala's library, users can access it online without having to upload it. In addition to its music discovery and purchasing features, Lala also operates a CD trading service where users can exchange CDs for $1 each. Lala was acquired by Apple, Inc. in December 2009.
Contacts
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Mixing

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M&A Details
1

Transaction name

Acquired by

Apple

announced date

05.12.2009

price

$17M

Financials

Funding Rounds
4
3

Number of Funding Rounds

$44.15M

Money Raised

Their latest funding was raised on 01.01.2008. Their latest investor Ignition Partners. Their latest round Series C

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.01.2008
3
$20M
01.01.2007
2
$5.7M
13.02.2006
2
$9.05M
Co-Investors
Investors
3
0

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series A, Series B, Series C, Venture - Series Unknown
No
Series A, Series B, Series C, Venture - Series Unknown
No
Series C
Ignition Partners

Ignition Partners

Ignition is a leading venture capital firm focused on early-stage investments in enterprise software.

Sector

Software and Computer Services

Subsector

Software

Location

Los Altos, CA, USA

count Of Investments

258

count Of Exists

93
Bain Capital Ventures

Bain Capital Ventures

Bain Capital Ventures invests in tech startups disrupting existing markets or creating new ones.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

San Francisco, CA, USA

count Of Investments

547

count Of Exists

109
Michael Krupka

Michael Krupka

Michael Krupka is a Managing Director at Bain Capital Ventures. Prior to Bain Capital Ventures, Michael Krupka was a Managing Director with the Private Equity Group of Bain Capital, during which time he focused his investing activities on technology and technology-driven companies, including software, hardware, database, and telecommunication services. Earlier at Bain Capital, Michael Krupka was a Principal of Information Partners, a fund focused on early-stage information technology investing. He has also served in several operating roles as President of a $110 M revenue software company and CFO of a $70 M revenue services company. Prior to joining Bain Capital in 1991, Michael Krupka was a consultant with Bain & Company. In addition to his firm and portfolio responsibilities, Michael Krupka also serves on the Boards of the Boys and Girls Club of Boston and MetroLacrosse. Michael Krupka has a BA in Chemistry from Dartmouth College.

current job

Bain Capital Ventures
Bain Capital Ventures
Warner Music Group

Warner Music Group

Warner Music Group brings together artists, songwriters, and entrepreneurs in the global entertainment industry.

Sector

Media

Subsector

Entertainment

Keywords

Music, Financial Services, Media and Entertainment

Location

New York, NY, USA

total rounds

2

total raised

$1.74M

count Of Investments

60

count Of Exists

8

People

Founders
1
Bill Nguyen
Bill Nguyen

Bill Nguyen

Mr. Bill Nguyen is a co-founder of Color Labs, Inc. and serves as its Chief Executive Officer. Mr. Nguyen founded Seven Networks Inc. in May 2000 and served as its co-Chief Executive Officer until April 2005. Before founding SEVEN, Mr. Nguyen founded Onebox.com in 1999.He also co-founded La La Media Inc. in 2005. Apple acquired LaLa in December 2009. The service shut down in April 2010 with users getting credits on the apple itunes store. Prior to starting Onebox, Mr. Nguyen served as Vice President of Products at Tioga Systems (now Support.com). He served as Vice President of Products of FreeLoader and headed Business Development and Product Management at the ForeFront Group. Mr. Nguyen served as Chairman of Seven Networks, Inc. He serves as Director of Seven Networks Inc.

current job

Color Labs Inc.
Color Labs Inc.

organization founded

3

Bill Nguyen

Employee Profiles
5

Mike Nino

Designer

Bill Nguyen

Bill Nguyen

Founder

John Kuch

PR

Activity

Recent News
0