The Roundabout Tapes – Musicmetric is strapping an analytics rocket to the music industry

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Late last year Semetric, the startup behind the Musicmetric analytics service, secured a “significant round” of funding led by Pentech Ventures (terms were undisclosed) but that gave the company a good “two-year runway” to expand its data collection infrastructure and applications and grow the team.

It’s now powering Musicweek’s weekly Artist Buzz Chart, and rolling out its measurement and analytical tools, especially aimed at the music industry, monitoring consumer activity on social networks, P2P file-sharing networks, alongside reviews, comments you name it.

In addition, they are forming part of the substantial group of music-based companies in the ‘Silicon Roundabout’ tech cluster area of East London which includes Last.fm, Soundcloud, Songkick, Fizzback and Mixcloud among others.

We spoke to them as part of our “Roundabout Tapes‘ series of interviews.