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NetEase Cloud Music

company

About

NetEase Cloud Music operates an online music platform and offers streaming services.

  • 251 - 500

Highlights

Total Funding Amount
$700M ¥750M
Funding Rounds
2
Investors
2

Details

Last Funding Type
Series B
Last Funding Money Raised
$700M
Industries
Digital Media,Media and Entertainment,Music,Music Streaming
Founded date
Apr 1, 2013
Number Of Employee
251 - 500
Operating Status
Active

NetEase Cloud Music operates an online music platform and offers streaming services. It also develops music applications for smartphones.

William Lei Ding founded NetEase Cloud in 2013, with its headquarters in Beijing in China. NetEase Cloud Music operates as a subsidiary of NetEase.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$700M ¥750M
NetEase Cloud Music has raised a total of $700M ¥750M in funding over 2 rounds. Their latest funding was raised on Sep 6, 2019 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 6, 2019 Series B $700M 1 Alibaba Group — Detail
Apr 11, 2017 Series A ¥750M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
1
2
NetEase Cloud Music is funded by 2 investors. Alibaba Group and Mango Cultural and Creative Industry Private Equity Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Alibaba Group Yes Series B
Mango Cultural and Creative Industry Private Equity Fund — Series A
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