Thumbplay Secure $18 million in Funding

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Direct-to-consumer mobile content service Thumbplay scored $18 million in Series E financing from rookside Capital Partners, the public equity affiliate of Bain Capital, and Cross Creek Capital, a private equity affiliate of Wasatch Advisors.

Thumbplay is behind the mobile content sales for Internet portals like AOL and MSN, as well as offering a branded service to consumers that allow fans to buy content outside of the carrier content menu. The funding will be used to accelerate growth, expand its direct-to-consumer product offerings and to expand internationally.

Tags: mobile music thumbplay

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Author: Steven Finch

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Founder and Editor of Crenk. Im CEO of Insomnia Ltd which owns and operates RouteNote (Digital Music Distributor), Adphilia (Site Representation Firm) and Black and White Music (Music Recording Studio).