SourceAudio Finds $1.2M For Music Licensing And Search

Los Angeles-basd SourceAudio, which provides music licensing search and distribution tools and services, said Monday that it has raised $1.2M in a seed funding round. The funding was led by Emerson Investment Group. According to Source Audio, it has develops a business-to-business, professional music licensing catalog which helps music publishers, ad agency, radio stations, entertainment marketing, and others connect. The firm charges music publishers a monthly fee, depending on the number of tracks hosted on the site. The company is led by Geoffrey R. Grotz. More information »