Piracy is an ever-increasing threat. MUSO was started to solve the market challenges posed by unlicensed and piracy consumption that exploits IP rights online be it TV, film, software, music or publishing. The company has been witnessing explosive growth in the entertainment industry.
Co-founded in 2009 by Grammy-nominated music producer Andy Chatterley in London, the startup now has a team of over 35 employees spread across in offices in the UK capital, Los Angeles, Eastern Europe and Paris. It helps remove unlicensed digital content and provides piracy audiences data.
Raised €4M Series A funding
Now, the London startup has raised €4 million funding in a Series A round from London and Jersey-based VC firm Harwell Capital. This VC firm invests in innovative and new technology. It looks for proven businesses that have exciting proprietary technologies to solve real-world problems.
The startup will use this investment to expand its sales and marketing team. It also aims to increase its foothold in the gaming, live broadcast and digital media sectors. Prior to this, the same VC firm invested €2.9 million in MUSO.