Jan 5, 2005 • 1 min read

Ready to launch

Download site TuneTribe, backed by Groove Armada, is set to launch this month after raising over £1 million, with Patrick Rainsford joining as a financial backer.

Staying with download platforms, and TuneTribe, the download site backed by, among others, Groove Armada, is due to go live this month having raised over a £1 million in funds. The site will be very much about independent music - concentrating on unsigned and independently signed artists. Crucially the service plans to give the artist a bigger cut of the profit.

The service is now in a position to launch following the recruitment of Irish entrepreneur Patrick Rainsford as a financial backer.

Commenting on Rainsford's involvement, TuneTribe co-founder John Strickland told reporters: "He [Rainsford] brings a depth and breadth of technology that can move us on to a different level."

The new funds will be spent primarily on refining the technology and on a marketing drive for the new service. The plan is to make the TuneTribe service available through as many different platforms as possible - Strickland: "It will be downloaded on to whatever platform we think is appropriate, wherever you need to have access to Tune Tribe. That's what we are trying to build".

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