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# Kobalt Is Raising Another $100 Million Funding Round
- URL: https://www.hypebot.com/kobalt-is-raising-another-100-million-funding-round/
- Published: 2019-03-06T09:31:46.000Z
- Updated: 2019-03-06T09:31:46.000Z
- Description: Music services and music publishing company Kobalt is raising a new round of funding that could top $100 million. The new funding comes just a year after Kobalt closed a. Continue reading [https://www.hypebot.com/hypebot/2019/03/kobalt-is-raising-another-100-million-funding-round.html]
- Author: Bruce Houghton
- Tags: Indie Music, Music Business, Songwriting & Music Publishing, AWAL, DIY, DIY musicians, indie, Kobalt, music, music industry, Music Tech, musician, musicians, #wp, #wp-post, #Import 2026-01-21 10:00

[![image from musically.com](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4901dde200b-200wi "image from musically.com")](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4901dde200b-popup?ref=hypebot.com)Music services and music publishing company Kobalt is raising a new round of funding that could top $100 million. The new funding comes just a year after Kobalt closed a round that valued the company at $800 million.Kobalt founder and CEO Willard Ahdritz has [confirmed](https://www.musicbusinessworldwide.com/kobalt-music-group-is-raising-the-biggest-investment-round-in-its-history/?ref=hypebot.com) the round, without divulging financial targets.Kobalt divisions include Kobalt Music Publishing; Kobalt Neighboring Rights and the record label and label services company AWAL. Kobalt says it invested $150 million last year to expand AWAL and the collection agency that Kobalt acquired in 2015, AMRA. Kobalt also oversees Kobalt Capital, a fund managed by KMG.