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

Mike Butcher

Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Monday, June 6th, 2011

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.