C3, Red Light, Another Planet invest in Mixhalo
The US tech company, which hopes to get concertgoers listening to the feed from the sound desk, has raised $10.7m in a series-A funding round
News By | 23 July 2019
Mixhalo, an audio tech start-up founded by Incubus guitarist Mike Einziger and his wife, Ann Marie Simpson-Einziger, has raised US$10.7 million to fund its mission to “democratise” concert sound.
Investors in the series-A investment round, led by Foundry Group, include US promoters C3 Presents (Charlie Walker), Superfly (Rick Farman and Rich Goodstone) and Another Planet Entertainment, UK artist management firm Red Light Management, and venture-capital outfits Cowboy Ventures, Sapphire Sport and Defy Partners, reports TechCrunch.
Pharrell Williams was also an early investor in the company, as were WME’s Marc Geiger and mega-producer Rick Rubin, which has raised a total of $15m to date.
Similar to European start-up Peex (which additionally enables listeners to create their own mixes), the Mixhalo app allows fans to listen…