The Echo Nest
AcquiredSomerville, United States · Founded 2005
- Headquarters
- Somerville, Massachusetts
- Employees
- 51–200
- Founded
- 2005
- Business Model
- B2B
- Last Round
- Series BJul 2012
- Rounds
- 3
- Acquired by
- SpotifyMar 2014
About
The Echo Nest was a music intelligence and data platform founded in 2005 as a spin-off from Tristan Jehan and Brian Whitman's dissertation work at the MIT Media Lab. The company built an automatically derived database covering roughly 30 million songs, powering music identification, recommendation, and playlist-creation tools used by customers such as MTV, BBC, Warner Music Group, and Spotify via its developer API. Spotify acquired The Echo Nest in March 2014 for roughly 50 million euro; its technology now drives Spotify's Discover Weekly and other personalized recommendations, and its public API was shut down in May 2016.
Summary
The Echo Nest is an Artificial Intelligence company based in Somerville, United States, founded in 2005. Its most recent funding was a Series B round in Jul 2012. Investors include Matrix Partners, Spotify and Norwest Venture Partners.
Funding History
Mar 2014
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Venture Round through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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