Qobuz is a high-definition music streaming service headquartered in France.
Founded in 2007, Qobuz is available in 12 countries worldwide, including the United States, United Kingdom, and various territories in Europe.
Offering more than 60 million tracks and/or albums, Qobuz claims to house the largest number of high-resolution recordings of any streaming service.
In September 2020, Qobuz announced that it had raised €10 million to fund further expansion.
At the time, Denis Thébaud, Chairman and CEO of Qobuz, said: “We are very proud of our latest fundraising milestone of 10 million euros, which shows our historical shareholders’ confidence in our model.”
He added: “We are ready to step up our international presence to offer a unique offer to those who do not compromise on musical quality.”
The €10 million investment followed a previous raise of €12 million at the company in August 2019.Music Business Worldwide