British music tech startup Beatroot has ceased trading.
The Manchester-based company was founded in 2015, operating an online platform which enabled record labels and publishers to pull together their music catalogue, audio files, album artwork, metadata and rights data into one place and share these with clients, streaming services and music stores.
Steven Wiseglass, of insolvency practice Inquesta, has been appointed liquidator of Beatroot Music.
All five employees at Beatroot which was run by CEO Miles Galliford have been made redundant.
The firm received early-stage, six-figure venture capital investment to develop its platform, but failed to win enough customers to make the business sustainable.
An attempt was made earlier this year to…
Read the full article at: https://www.musicbusinessworldwide.com/uk-music-startup-beatroot-falls-liquidation/
An attempt was made earlier this year to…