Qwire Gets a Boost with $2M+ Funding Round

The picture for Qwire just got a little rosier. Qwire is on fire with an additional $2M in funding. The New York City and Los Angeles-based creator of SaaS software to streamline royalty reporting and licensing for music-for-picture announced that it has received over $2 million in additional funding from current and new investors. With these fresh funds, Qwire plans to expand its sales efforts while accelerating development and enhancement of its cue sheet reporting tools. That’s good news for the increasing ranks of music supervisors and major film/TV content creators that are utilizing its collaborative cloud-based platform to streamline music post production and royalty reporting. The company’s core products are qwireClear for music clearing and licensing, and qwireCue for cue sheet management and reporting. This latest funding round follows an initial $2.5M raise in 2015.

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Qwire, the Music-for-Picture Licensing and Cue Sheet Reporting Software Firm, Receives $2M+ in Funding

Qwire (qwire.com), creator of SaaS software to streamline royalty reporting and licensing for music-for-picture, has received over $2 million in additional funding from current and new investors. This will expand the New York and Los Angeles-based company’s sales efforts and accelerate development and enhancement of its cue sheet reporting tools. “This new investment demonstrates investors’ confidence in Qwire and in our software’s ability to transform music post production and royalty reporting,” said founder and CEO Scott Freiman. “This funding will allow us to take the company to the next level, as we continue to license qwireClear to major film/TV studios, and we bring our next-generation cue sheet management and reporting software – qwireCue – to market.” Jerry Labowitz, former Director of Equities Research for the Americas for Merrill Lynch, agreed: “Qwire is seeing interest from a large and growing range of companies in the music-for-media business. I was happy to participate…

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This week in NYC funding news: Keeps, Coord, Qwire, Red Rabbit

Qwire, the SaaS company aiming to transform music for picture, has added two highly experienced media executives and thinkers to its Board of Directors, Joy Marcus and Howard Appelbaum. Joy Marcus is a Venture Partner at Jerusalem Venture Partners (JVP) where she focuses on digital media and commerce. She has served as a VP of International Business Development at MTV, SVP at Time Warner, GM for North America at Daily Motion, and EVP, GM of Digital Video at Condé Nast. Joy teaches entrepreneurship at Princeton University, beginning in 2014 as a James Wei Visiting Professor. In 2014, Joy received a Women of Power and Influence Award from the National Organization for Women (NOW). "Qwire is set to be an industry leader in transforming music-for-media to the benefit of all parties — production studios, writers/composers, music publishers, and Performance Rights Organizations," says Marcus. "I am very excited to be part of this adventure as a member of Qwire's Board." Since 2011, Howard…

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NYC Tech Deals Roundup – Acquisitions and Funding News (October 12 – October 19)

Handy acquired by ANGI Homeservices ANGI Homeservices, the parent company of Angie's List's and HomeAdvisor, is acquiring Handy, a New York-based home services marketplace that had raised over $110 million from firms like Fidelity, TPG Growth, Revolution, Highland Capital Partners, and General Catalyst. Funding SevenRooms receives investment from Amazon Alexa Fund Amazon has invested in SevenRooms, a New York-based hospitality startup that specializes in restaurant software. The investment is Amazon's first into a company that runs restaurant operations. Investors: Amazon Alexa Fund SevenRooms is now hiring! Check out their BIZZpage Spotify makes a minority stake in DistroKid Spotify has taken a stake in DistroKid, a distribution service that allows recording artists to upload music across online stores and streaming platforms including Spotify’s biggest rival, Apple Music. Spotify is now hiring! Check out their BIZZpage Coord raises $5M in a Series A round Coord is a New York-based…

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Qwire Receives $2M+ in Funding

Qwire (qwire.com), creator of SaaS software to streamline royalty reporting and licensing for music-for-picture, has received over $2 million in additional funding from current and new investors. This will expand the New York and Los Angeles-based company’s sales efforts and accelerate development and enhancement of its cue sheet reporting tools. “This new investment demonstrates investors’ confidence in Qwire and in our software’s ability to transform music post production and royalty reporting,” said founder and CEO Scott Freiman. “This funding will allow us to take the company to the next level, as we continue to license qwireClear to major film/TV studios, and we bring our next-generation cue sheet management and reporting software – qwireCue – to market.” Jerry Labowitz, former Director of Equities Research for the Americas for Merrill Lynch, agreed: “Qwire is seeing interest from a large and growing range of companies in the music-for-media business. I was happy to participate…

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Qwire – the music-for-picture licensing and cue sheet reporting software firm, receives $2M+ in funding

Qwire (qwire.com), creator of SaaS software to streamline royalty reporting and licensing for music-for-picture has received over $2 million in additional funding from current and new investors. This will expand the New York and Los Angeles-based company’s sales efforts and accelerate development and enhancement of its cue sheet reporting tools. “This new investment demonstrates investors’ confidence in Qwire and in our software’s ability to transform music post production and royalty reporting,” said Qwire founder and CEO Scott Freiman. “This funding will allow us to take the company to the next level, as we continue to license qwireClear to major film/TV studios, and we bring our next-generation cue sheet management and reporting software – qwireCue – to market,” he added. Jerry Labowitz, former Director of Equities Research for the Americas for Merrill Lynch, agreed, "Qwire is seeing interest from a large and growing range of companies in the music-for-media business. I was happy…

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Qwire, the music-for-picture licensing and cue sheet reporting software firm, receives $2m+ in funding

Qwire (qwire.com), creator of SaaS software to streamline royalty reporting and licensing for music-for-picture, has received over $2 million in additional funding from current and new investors. This will expand the New York and Los Angeles-based company's sales efforts and accelerate development and enhancement of its cue sheet reporting tools. "This new investment demonstrates investors' confidence in Qwire and in our software's ability to transform music post production and royalty reporting," said founder and CEO Scott Freiman. "This funding will allow us to take the company to the next level, as we continue to license qwireClear to major film/TV studios, and we bring our next-generation cue sheet management and reporting software – qwireCue – to market." Jerry Labowitz, former Director of Equities Research for the Americas for Merrill Lynch, agreed: "Qwire is seeing interest from a large and growing range of companies in the music-for-media business. I was happy to participate…

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Term Sheet — Monday, October 15

Good morning, Term Sheet readers. My colleague Shawn Tully confirmed that Coinbase veteran Adam White is joining the newly-launched cryptocurrency venture Bakkt as its chief operating officer. White was part of the so-called “Coinbase Mafia” — he joined the startup as the fifth employee and helped build it up into a crypto-colossus with 25 million customers. For the last 18 months, White was the chief of its institutional products and regulatory arm. “In 2017, I saw a big shift,” he told Fortune. “The interest in Bitcoin and other currencies started changing from retail to the institutional side. But the level of infrastructure of the existing trading sites often didn’t meet their expectations. That’s why they’re waiting on the sidelines.” The big banks, he says, needed exchanges that provided the safety they required for trading equities, bonds or gold. “That’s why I joined Bakkt,” says White. Bakkt has deep ties to Wall Street’s institutional investing titans and it’s pitching…

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