Rednote Announces Leadership Team: Former Bandsintown, AOL and LimeLife Execs to Lead Music Messaging Platform
Rednote Raises $2.6 Million to Drive Growth and Innovation
NEW YORK, Sept. 13, 2016 /PRNewswire/ -- Rednote, the music messaging platform, today announced a trio of new executive appointments to spearhead the company's growth: Andrew Blacker to Chief Executive Officer, Kristin McDonnell to Chief Operating Officer and Marc Schmerler to Chief Financial Officer. Rednote also announced that it has secured $2.6 million in funding from private investors led by Northwood Ventures.
Blacker brings over 20 years of experience launching and leading successful digital startups to his role as Rednote's CEO where he will define strategy for expansion and business development. In 2011, Blacker helped launch ToneMedia (acquired by Bandsintown), which became the world's #2 music property across mobile and desktop, reaching 120 million entertainment fans monthly. Additionally, Blacker has held executive posts at AOL, Screenvision and Discovery, and was one of the first employees at Infoseek.
As COO, McDonnell will oversee Rednote's product, growth and global strategic initiatives. A pioneer in the mobile and messaging industries, McDonnell was the CEO and Co-Founder of LimeLife, one of the first mobile app publishers, and launched consumer digital services including Xfire and HearMe's Mplayer to top rankings and successful exits. McDonnell has a distinguished track record of advancing mobile and digital innovations, working with Fortune 500 corporations and Silicon Valley startups including AT&T, Google, Apple, Electronic Arts, NBCU and Pinger.
As CFO, Schmerler will oversee the administrative, financial and human resource operations for Rednote. Prior to Rednote, Schmerler led the global finance operations for Bandsintown as the VP of Finance Worldwide. At the New York Daily News, Schmerler transformed the digital divisions from loss to profitability and stability.
"We're excited to lead Rednote's entry into the digital music market at this pivotal time in its evolution," said CEO Andy Blacker. "With successful backgrounds in music, technology and media, I'm proud of the team we've assembled and am confident that we are well-positioned to advance the way consumers enjoy and engage with music."
Additionally, Rednote raised $2.6M to power product innovation, launch, and support strategic partnerships with content platforms and creators. Lead investor Northwood Ventures' portfolio includes many consumer and communications focused companies.
Rednote will be entering the market in Q4 2016. For more information, visit rednote.com.
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SOURCE Rednote
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