RightsFlow Completes $1.5 Million Series A Round

Aug 28, 2009

RightsFlow, a provider of mechanical licensing, accounting, and royalty payment services for companies that sell or distribute music worldwide, announced the completion of a $1.5 million Series A financing round with Originate Ventures of Bethlehem, Penn. The funding will go toward the expansion of RightsFlow's data and licensing network, as well as toward new product development, including this fall's launch of a licensing payment service under the working title Clearance Form.

RightsFlow was launched in 2007 and has since been profitable, currently servicing 1,500 clients.

(www.rightsflow.com, www.originateventures.com)