Beyond Oblivion, a music and technology company, offers Bonic, a social music service that distributes a legal music library from a cloud.
Beyond Oblivion is a music and technology company founded in 2008 by its CEO, Adam Kidron. Its principle shareholders are Wellcome Trust, News Corporation, Allen & Company, Intertrust Technologies Corporation, and Adam Kidron. Beyond Oblivion's first go-to-market product is boinc.boinc is a magnetic and social music service that distributes a vast legal music library from a cloud (supplied by majors, independents, and artists the world over), and embeds the right to download and PLAY IT ALL within devices like PCs, tablets, autos and smartphones.boinc replaces paid-download, paid subscription, and advertiser-supported services with an inexpensive one-time, lifetime-of-device usage fee - paying copyright owners a micro-royalty per play, no matter if the original file were legally or illegally downloaded.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Mar 7, 2011 | Private Equity(PE) | $77M | 1 | — | — | Detail |
Apr 22, 2010 | Series B | $10M | 1 | News Corp | — | Detail |
Investor Name | Lead Investor | Funding Round |
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News Corp | — | Private Equity(PE) |