Guez’s startup Revelator is working to fix that with a platform for distributing, selling and licensing music online. The company announced it has raised $2.5 million in Series A funding led by Exigent Capital, with participation from Digital Currency Group and Israeli early-stage fund Reinvent (Revelator is headquartered in Tel Aviv). That’s on top of the $3 million the company has already raised.
Revelator says that customers simply upload their music to the system, then Revelator allows them to make their songs available on digital stores and via services like Spotify and Apple Music.
Revelator can now track each time music gets played in a podcast and then compensate the musicians and labels fairly.
