PonoMusic second funding round raises $6m in one week

Murray Stassen

Neil Young’s PonoMusic has raised over $6 million in one week of its second funding round

A Crowdfunder campaign was launched on August 1 offering investors a stake in the company for a minimum of $5,000 investment. The funding round ends September 1. 

PonoMusic's first round of funding in April also raised over $6 million in a Kickstarter campaign that had an initial goal of $800,000. 

The company, valued at $50 million, has developed a music player that plays ...

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