DFJ Frontier Invests in Micro-Stock Music-Licensing Marketplace
Los Angeles, CA, Oct. 22, 2008.
AudioMicro.com, a crowd-sourced marketplace for commercial music licensing, today announced that the company has closed a Series A round of venture capital financing led by DFJ Frontier. In connection with the financing, Scott Lenet, a managing director of DFJ Frontier, will join AudioMicro’s board of directors. The funds will be used to enhance the online marketplace, to attract new content, and as working capital.