The Reston, Virginia company owns urbmob.com, a site where artists and models can upload their own music and images, and make them available for fans to download to mobile devices and computers. The site include some interactive features like being able to vote on your favorite artist.
MBeat Media charges the subscription rate of $3.99 per month, and shares revenue with artists.
The company has recently raised $1.5 million from
Draper Fisher Jurvetson, Grosvenor Funds and New Atlantic Ventures.