VC 414 backs music startup in its first publicly announced investment

The startup, called Coda, is building a blockchain-based marketplace that will fairly compensate musicians and other music industry professionals for their work.Coda is a startup that is looking to use blockchain technology to create a marketplace that fairly compensates musicians and other industr

VC 414 backs music startup in its first publicly announced investment

Milwaukee venture capital firm VC 414 has announced publicly its first investment in a startup looking to revolutionize the music industry.

Even Labs Inc., a Milwaukee-based company, announced on Friday that it had raised $2.2M in seed funding. VC 414 was also involved in the round. VC414 is a Milwaukee investment firm founded earlier this year with the goal of investing in startups which have historically been underfunded. The round was lead by CSA Partners, a Milwaukee-based venture capital firm managed by former Milwaukee County executive Chris Abele.