Australian streaming service Guvera at death’s door as co-founder leaves

article was published on TechRadar.

Music streaming startup Guvera is in bad shape after investors were told that a co-founder and primary investor have walked away from the project, and that the business  has shut down all operations.

Guvera was founded in 2008 and had the intention of providing free and legal music to its users via desktop browsers and apps. Since then it has experienced various transformations and turmoil, even briefly shutting down its Australian operation and running as an advertising tracking tool for the Indian and Indonesian markets in 2016.

Around 3,000 private investors have so far assisted in the raising of $185 million

article was published on here.

The post Australian streaming service Guvera at death’s door as co-founder leaves appeared first on OMNI POP MAG.

from WordPress http://www.omnipopmag.com/2017/05/australian-streaming-service-guvera-at-deaths-door-as-co-founder-leaves/
via http://www.omnipopmag.com/main/