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Beatdapp Scores $17M to Clean Up Streaming’s Fraud Problem

January 19, 2024 by Newsdesk

Streaming’s the big game-changer in music, says Universal Music’s Michael Nash. But there’s a dark side: fraud’s flooding the scene.

Enter Beatdapp Software from Vancouver, founded by Morgan Hayduk and Andrew Batey. They’re on a mission to squash streaming fraud and just bagged a sweet $17 million to do it.

Beatdapp’s tech is all about keeping streams legit for providers, labels, and artists, nailing a near-zero false positive rate. They’re teaming up with big names like SoundExchange and Napster, and now they’re gearing up to take their anti-fraud crusade global, eyeing Asia, India, and Europe. Streaming’s about to get a lot cleaner.

Want to know more? Check out the source code on Techcouver.

Filed Under: News Tagged With: Beatdapp

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