Software company Muso has raised £2.5m in Series A funding from Harwell Capital, a Jersey-based VC firm.
Muso will use the money to bolster its sales and marketing capabilities as well as to expands its tech and operations infrastructure and support.
The content protection and data insight business was co-founded by Grammy nominated producer Andy Chatterley, tech entrepreneur Christopher Elkins and enterprise technology expert James Mason.
Established in 2009, Muso has produced a dataset that covers more than 200 countries, and claims it is able to monitor all major forms of piracy, including streaming and web downloads.
Chatterley, also the CEO, said: “Harwell Capital is the perfect investor for us. The team has deep experience in backing revenue generating, scalable technology companies in a high-growth stage and so completely understands Muso’s aims and ambitions.
“We have an exciting pipeline of business and Harwell’s investment and strategic advice will enable us to more quickly take advantage of the market opportunity.”
Daniel O’Brien, managing director of Harwell Capital, said: “We’ve been really excited about Muso’s proposition since we first met the team. Not only has its innovative, automated, data-led approach solved the online piracy problem, but it’s also turned the way piracy is viewed on its head.
“Through data, insights and monetisation, Muso has built a world-class solution to piracy that has the potential to completely transform the way illegal content is dealt with. We look forward to joining the journey with Muso.”
Muso is headquartered in London but has offices in LA, Paris and Milan.