Support All About Jazz

All About Jazz needs your help and we have a deal. Pay $20 and we'll hide those six pesky Google ads that appear on every page, plus this box and the slideout box on the right for a full year! You'll also fund website expansion.

I want to help

Rap Genius Adds $40 Million, Expands Beyond Rap


Sign in to view read count
Its been a rocky and controversial few months for Rap Genius, but persistence appears to have paid off. The platform, which launched as a repository of information about rap music, has added $40 million in Series B funding led by Dan Gilbert and Andreesen Horowitz. With the cash influx, the sight will re-brand a and move beyond rap. The new funding brings the company's total to $55.6 million at a valuation under $1 billion.

Over the last year, Rap Genius has tussled with music publishers over rights, Google over online marketing tactics and just about everyone else after a co-founder posted a distasteful commentary. He was quickly booted from the company.

But, despite the turmoil,  Rap Genius had developed a platform that effectively combines knowledge and opinion from multiple sources. Now the site is expanding beyond rap with, a “grand project, born from rap's rib, to annotate the world."

“Genius does for everything what Rap Genius did for Rap," wrote early investor and rap aficionado Ben Horowitz of Andreesen Horowitz. Rap Genius will continue alongside Rock GeniusLit Genius and other knowledge communities, as part of the new hub.

Continue Reading...

This story appears courtesy of HypeBot.
Copyright © 2016. All rights reserved.


Post a comment

comments powered by Disqus
Support our sponsor

Sponsor: ECM Records | BUY IT  

New Service For Musicians!

Boost your visibility at All About Jazz and drive traffic to your website with Premium Musician Profile.