MyStrands Raises $25M in Series B Funding

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MyStrands Raises $25M in Series B Funding

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MyStrands, the social recommendation music site, has raised $25 million in Series B funding.

The round was led by Spanish media mogul Antonio Asensio, owner and CEO of of Grupo Zeta, one of the largest media groups in Spain. Existing investors Debaeque and Sequel are backing this round as well. This brings the total amount of funding for MyStrands to $31 million. While MyStrands is known for its focus on music recommendation, leveraging web and mobile platforms, the company will move into film and websites as well.

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