RoyaltyShare Receives Additional $4 Million in Series B Funding

Oct 23, 2007

RoyaltyShare, a provider of digital royalty and content management solutions to the entertainment industry, announced $4M of additional Series B financing from Bertelsmann Digital Media Investments (BDMI) and Trident Capital. BDMI is a unit of Bertelsmann AG, an international media company with nearly $25 billion in revenues and interests in major areas of media, including television, music, books, magazines, direct marketing, and media services. Trident Capital led the round with an initial five-million-dollar investment, bringing the Series B total to $9 million.