Jingle Punks Music Completes Substantial Equity Funding, Establishes Strategic Advisory Board

SoHo-based music publishing/licensing/technology company Jingle Punks announced today that it has completed a substantial equity financing. The funding round was sponsored by Hammerline Capital and a team of veterans from the music and technology industries.

According to Jingle Punks, proceeds from the transaction will help fund new strategic partnerships. Terms of the transaction were not disclosed.

In addition, the company has established a strategic advisory board that so far includes Spencer Hyman, strategy consultant and former COO of Last.FM and Steve Kofsky from New Remote Publishing.

Jingle Punks, with its catalog of indie, production and custom music, provides music for use in television, film, advertising and interactive to media/entertainment clients. The company employs a unique library search technology to expedite the discovery and licensing of music by music supervisors, producers and other media creatives.

Jingle Punks was founded in 2008 by CEO Jared Gutstadt and CTO Dan Demole.

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