Density, a buzzy Upfront Ventures-backed startup that big tech companies like Facebook and Google as well as the U.S. government have used to anonymously monitor how employees are using buildings, can now provide a more accurate count of the number of occupants in a room.
- Stem, an L.A. music-fintech company that counts Zac Brown Band, Foster the People and Toro Y Moi as clients, announced a $10 million raise.
- The pandemic has hurt the music industry but has made Stem's tools and artist loan program 'more relevant than ever.'
- Stem has distributed over $100 million in royalty payments since its launch in 2016.
With so many musicians out of work, the pandemic has been about as useful to the music industry as a broken guitar string. But, Stem Disintermedia's co-founder Milana Rabkin says it has made her company — and the technology to help artists manage their business affairs — more relevant than ever.
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Fresh off raising a $7 million seed round in February, Jill Wilson took the first step any founder traditionally takes when launching a new startup: She called up a real estate broker and leased an office.
"I would not have ever considered a remote workplace before," said Wilson, co-founder and CEO of mobile game maker Robin Games. "I was very squarely in the camp that you need to be in the same room to create a great creative product."
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