SOURCE: Band Metrics

Band Metrics

September 23, 2009 08:54 ET

Georgia Tech Edison Fund Invests in Band Metrics

ATLANTA, GA--(Marketwire - September 23, 2009) - Band Metrics announces today that it has received an investment from the Georgia Tech Edison Fund, an early-stage technology fund managed by the Advanced Technology Development Center (ATDC).

"We're thrilled about the investment and grateful to the ATDC, as the investment will assist us in completing our initial product offering for our public beta release later this year, and continued development in 2010," stated Duncan Freeman, Founder and President of Band Metrics. "Additionally, we could not have asked for a better investment partner, as the ATDC, one of the nation's leading university-based technology accelerators is committed to Atlanta's thriving technology community, and helping startups become successful companies."

About Band Metrics:

Band Metrics, an ATDC company is a data analytics and decision support system that provides quantitative and qualitative analytics for the music industry with in-depth geographical reporting of where and how music is played, shared and discussed online. Artists, managers, promoters and other music industry professionals can identify fans, measure social engagement, find hot markets, track radio plays, discover trends and gauge attitudes, enabling them to measure popularity, predict the music industry's rising stars and more. Headquartered in Atlanta, GA, the company is presently in private beta, but you may register for an account at http://bandmetrics.com.

About the Georgia Tech Edison Fund:

Launched by a multi-year grant from the Charles A. Edison Fund (named for Thomas Edison's son, a successful businessman, former United States Secretary of the Navy and 42nd Governor of New Jersey), the Georgia Tech Edison Fund provides seed funding for early-stage technology companies that have a close association with Georgia Tech. Specifically, companies need to be either founded by Georgia Tech faculty, students and graduates; licensing technology from Georgia Tech; sponsoring research at Georgia Tech; or hiring large numbers of Georgia Tech alumni. The Edison Fund is managed by the Advanced Technology Development Center, and investments are generally less then $250,000. For more information, please visit http://atdc.org.

For more information about Band Metrics, please visit http://bandmetrics.com or contact Duncan Freeman at +1.404.492.6511 or via email at duncan@bandmetrics.com

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