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NetEase Cloud Music
company
About
NetEase Cloud Music operates an online music platform and offers streaming services.
- 251 - 500
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $700M
- Industries
- Digital Media,Media and Entertainment,Music,Music Streaming
- Founded date
- Apr 1, 2013
- Number Of Employee
- 251 - 500
- Operating Status
- Active
NetEase Cloud Music operates an online music platform and offers streaming services. It also develops music applications for smartphones.William Lei Ding founded NetEase Cloud in 2013, with its headquarters in Beijing in China. NetEase Cloud Music operates as a subsidiary of NetEase.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$700M ¥750M
NetEase Cloud Music has raised a total of
$700M ¥750M
in funding over 2 rounds. Their latest funding was raised on
Sep 6, 2019 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Sep 6, 2019 | Series B | $700M | 1 |
Alibaba Group
|
— | Detail |
| Apr 11, 2017 | Series A | ¥750M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
NetEase Cloud Music is funded by 2 investors.
Alibaba Group
and Mango Cultural and Creative Industry Private Equity Fund
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Alibaba Group
|
Yes | Series B |
Mango Cultural and Creative Industry Private Equity Fund
|
— | Series A |
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