LUM Raises $1.2M

by Taylor Kennedy

Live Undiscovered Music

Live Undiscovered Music (LUM) has closed a $1.2 million seed funding round, the company announced recently.

“LUM is on a mission to create a platform where artists can finally succeed outside traditional streaming models, and fans can be the sole influencers–determining what music trends hit next,” LUM CEO Max Fergus said in a statement.

According to a release, the social media and music streaming app will launch in the United States on the iOS App Store this summer.

The tech company also announced it has formed a partnership with Madison-based Frank Productions.