We are thrilled to announce in a recent Billboard article that Vermillio has secured $16 million in Series A funding, led by Sony Music and DNS Capital, marking the first instance of Sony Music investing into an AI music protection service.
Dennis Kooker, president of global digital business at Sony Music Entertainment shares “Dan Neely and the team at Vermillio share our vision that prioritizing proper consent, clear attribution and appropriate compensation for professional creators is foundational to unlocking monetization opportunities in this space.”
With the support of Sony Music, we’re excited to continue building AI solutions like TraceID and our 4C Protection service that ensures generative AI is being sourced and used ethically and securely, and to help creators thrive in the digital age.
Read the full article to read all about about our fan-made Spiderverse project, our collaboration with David Gilmour on The Orb, our partnership with WME and more at Billboard.com.