Beyond Oblivion

company

About

Beyond Oblivion, a music and technology company, offers Bonic, a social music service that distributes a legal music library from a cloud.

  • 51 - 100

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$77M
Industries
Legal,Mobile,Music
Founded date
Jan 1, 2008
Number Of Employee
51 - 100
Operating Status
Close

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$87M
Beyond Oblivion has raised a total of $87M in funding over 2 rounds. Their latest funding was raised on Mar 7, 2011 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 7, 2011 Private Equity(PE) $77M 1 Detail
Apr 22, 2010 Series B $10M 1 News Corp Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Beyond Oblivion is funded by 1 investors. News Corp are the most recent investors.
Investor Name Lead Investor Funding Round
News Corp Private Equity(PE)