Spotify ecosystem grows as ShareMyPlaylists secures Angel funding
ShareMyPlaylists has now secured £250,000 in angel funding, this time from Angel investor Mark Pearson, chairman of Markco Media Ltd / MyVoucherCodes. Pearson has also invested in UGC media site Blottr.
Founder Kieron Donoghue the site is now on 2 million page impressions per month and 10,000 playlists are played on the site each day. Growth is up to 400 new members a day. The site’s 78,000 member have now shared over 47,000 playlists.
The site means you can discover and rate playlists far more easily. Click on a playlist and it takes you direct into Spotify. It’s odd that Spotify hasn’t really cracked this issue as well as ShareMyPlaylists which, for my money at least makes the site a potential acquisition target at some point.