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# VNUE lands $8M equity funding commitment
- URL: https://www.hypebot.com/vnue-lands-8m-equity-funding-commitment/
- Published: 2021-06-25T14:05:25.000Z
- Updated: 2021-06-25T14:18:13.000Z
- Description: Live music tech startup VNUE has entered into a securities purchase agreement for the sale of up to $8 million of its common stock. The new VNUE investment is backed. Continue reading [https://www.hypebot.com/hypebot/2021/06/vnue-lands-8m-equity-funding-commitment.html]
- Author: Bruce Houghton
- Tags: Live & Ticketing, Music Tech, Startups & Funding, PROs, Soundstr, #wp, #wp-post, #Import 2026-01-21 09:48

Live music tech startup VNUE has entered into a securities purchase agreement for the sale of up to $8 million of its common stock.

The new [VNUE ](http://www.vnue.com/?ref=hypebot.com)investment is backed by New York-based GHS.

The company is developing and implementing solutions for music licensing and the monetization of live events and concerts including **Soundstr MRT**, a live music recognition technology.

![Music productionstudio with sound equipment and digital audio workstations for music industry professionals near New York NY, USA.](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/www-hypebot-com/wp-content/uploads/2021/05/vnue.png)

“Over the last five years, VNUE has achieved nothing short of miracles on what I would call ‘dribs and drabs’ of small funding tranches,” said **Zach Bair, CEO of VNUE**. “So imagine what we can do with *real* funding.”

“We’re excited to invest in VNUE’s success. We’re especially thrilled to invest in their platform technologies which completely disrupts the paradigms of the music industry in multiple ways. We anticipate continued progress by the Company, and are glad to be a part of their overall growth,” said **Matthew Schissler, Founder and Member of GHS Investments**.

**Bruce Houghton* is Founder and Editor of [Hypebot](https://www.hypebot.com/) and [MusicThinkTank](http://www.musicthinktank.com/?ref=hypebot.com) and serves as a Senior Advisor to [Bandsintown](https://www.bandsintown.com/?ref=hypebot.com) which acquired both publications in 2019\. He is also the Founder and President of the[ Skyline Artists Agency](https://skylineonline.com/?ref=hypebot.com) and a professor at the [Berklee College Of Music](https://online.berklee.edu/courses/touring-101?ref=hypebot.com) online.*