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September 4, 2013 07:00 pm GMT

Set.fm Raises $1.2M To Help Artists Make Money By Selling Instant Live Recordings

Setfm-Studio-iPad-ScreenshotAnyone who's ever aspired to be a professional musician (my 12-year-old self included) knows that it's a tough lifestyle with little guarantee of financial security. That's why a new startup,Set.fm, is providing musical artists with another stream of revenue by selling live recordings. Set.fm has raised $1.2 million in seed funding, led by Golden Venture Partners, to launch its mobile app so fans can easily download audio recordings of live performances.

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