Beatport is preparing for its next phase of growth after securing new financing led by private investment firm Square Nine Capital.
The agreement, announced September 30, refinances an existing credit facility while providing additional capital to support Beatport’s platform, products, and services for DJs, producers, artists, and record labels.
According to the official announcement distributed through Business Wire, the financing is intended to strengthen Beatport‘s position within the global electronic music industry. Neither the investment amount nor the financial terms were disclosed.
