The Cologne-based music service simfy just turned one this Wednesday, and celebrated with one million users reached (Update – January 2023: The website seems to be out of use, and we therefore deactivated the original link).
The service, which is similar to Spotify, was founded by Steffen Wicker and Christoph Lange. The music service officially launched in May 2010 and is available in German and English. After signing crucial deals with the music industry and GEMA (the German performance rights organization), simfy’s on-demand music catalog features more than 8 million songs that can be streamed completely legally.
Since January 2011, simfy has more than doubled its user base with monthly growth rates in the high double-digit range. This is most likely because of its partnership with the German Facebook-kind-of-service ‘StudiVZ’.
By the way: If you’d like to stay up-to-date with the latest startup news and interesting entrepreneurship opportunities, make sure to subscribe to our free weekly EU-Startups Newsletter.