Unlaunched Music Streamer CÜR Media Completes $1.75 Million Financing Round
Even as music streamers from Pandora to Spotify struggle to find profits and Rdio files for bankruptcy, others are still hoping to get into the game. U.S. based CUR Media is one, and they just added $1.75 million to make it happen.
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Unlaunched music streaming service CÜR Media today announced the completion of a $1.75 million financing round led by members of the company's management and board of directors Investors include Tom Brophy, Founder & CEO and recently appointed director Sanjan ("Sunny") Dhody. Music industry professionals participating in the round were Hector "Tico" Torres, drummer for the rock band Bon Jovi, and Robert Fernandez, President of Mr. 305, Inc., the independent record label founded by Pitbull.
Little is known about how CUR will differentiate itself from Spotify, Apple Music and other entrenched competitiors. But here are a few hints from the startup:
CÜR Media, Inc. is creating CÜR (pronounced 'cure'), a next generation social music experience through the planned launch of CÜR Music, a social, mobile, and web streaming music application that is being designed to enable its users to go beyond the limitations of traditional music streaming services. Upon its anticipated launch, CÜR Music will unlock the truly expressive nature of an individual's connection with their music by fostering personalization, sharing and creativity. With CÜR Music it's not just about streaming, it's about what the music means to you and how you want to express that to the world.
