7digital launches streaming service, secures £6m investment

7digital launches streaming service, secures £6m investment

7digital has announced new scan and match technology and streaming functionality - whilst announcing a new $10m (£6.23m) investment.

Samsung and Pure have already adopted the digital music platform’s unlimited streaming platform for their respective devices.

The company said its $10m investment will help it to develop on-demand streaming, radio and scan and match products. It will also allow 7digital to continue international roll-out of products and services to new territories, and further expand 7digital’s existing business in North American and Europe.   

7digital said its catalogue now contains over 22 million ‘high quality’ tracks.

Following partnerships with the likes of Toshiba, Samsung, RIM and HTC, the company’s technology is now powering services preinstalled on more than 60 million smartphones, tablets, connected audio devices and smart TVs.

The 7digital Android app has attracted more than 3 million smartphone and tablet users, whilst 7digital says it has seen a 400% year-on-year increase in usage for the company’s open platform API, with over 250 services now deployed using the API.  

“We’ve seen phenomenal growth over the last 12 months across the 7digital open platform with millions of users across the globe using our services and hundreds of partners actively using our technology” comments Ben Drury, CEO at 7digital. “7digital technology has been integrated into millions of devices - we’re in smartphones, tablets, connected Hi-Fi’s and even in cars.”

“The demand for high quality, integrated music applications and services will continue in the coming year. Over the next 12 months, supported by our strategic partners, we’ll be adding more streaming, scan and match and other features of our API and open technology platform – not locked to any particular hardware or OS.

"The new capabilities will make 7digital the truly open music platform that provides access to the world’s music.”


Tags: 7digital

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