UK metadata firm Decibel Music Systems has announced a second round of investment from financial and media industry investors, although it’s not saying how much. Decibel does say that it now has nearly one billion pieces of data on music, artists, performances and other categories, and that it has brought in more than $500,000 of new business from music industry clients in the last six months. “This extra round of investment received will go a long way to ensuring that our metadata products are able to reach as many services and business as possible through the provision of simple, sophisticated metadata APIs within the next six months,” says CEO Gregory Kris. The company is also expanding abroad, with a US office already open, and plans to win business in South Korea and Japan in the next year. Source: Decibel
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