Jenkatehdas, the young Finnish company behind LiveMusicStage.com, has recently received initial funding from Tekes and the two business angels Jyrki Kontio and Topi Löppönen.
The amount put forward by the angel investors has not yet been disclosed, but we know that Tekes has invested €140K “project money” into the startup. According to Antti Eronen, the CEO of Jenkatehdas, the startup is looking forward to holding another angel round at the beginning of 2012, once it has successfully proven its concept.
The new funding will help the company to speed up its growth and roll out an international LiveMusicStage.com website for Popkomm 2011 (an international conference and a festival covering 30 Berlin clubs) in Germany. The upcoming service LiveMusicStage.com offers a unique way of delivering live music on the internet to a diverse audience. This new concept will allow music lovers to get a more personal and interactive experience by watching their favorite bands play live in recording studios and taking part through the service.
“One half great music, the other half being with good friends. That’s what we’ve aimed at since the beginning. After a long pioneering work it feels great to take the service to the next level – both in terms of customer experience and business concept”, said CEO Antti Eronen.
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