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OurStage Raises Additional $2.5 Million

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(UPDATED) OurStage has raised an additional $2.5 million, a company spokesperson told Billboard. That brings the total raised by the music startup to more than $22 million.

OurStage encourages fans to rate artists on the site and then provides opportunities for greater exposure to the most popular bands. The company says that the latest round of funding will bring the company to profitability later in 2010.  One of the driving forces behind OurStage is director Don Ienner, the former CEO of Sony Music.

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  1. My apologies. This is what happens when I fly all night to Cannes and then try to write. I’ve corrected most of today’s post and updated them. Let me know if you find anything else…

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