Stock music marketplace AudioMicro has closed its first round of financing from DFJ Frontier. The LA-based company will use the undisclosed amount to improve its offerings and content, as well as for working capital. After musicians and sound designers upload their music and other sound effects to the site, AudioMicro sells the content to clients seeking affordable music and sound effects. Prices start at $1 per minute of audio and monthly subscription packages are available. All of its content is pre-cleared for use in any project, eliminating the need for additional fees or licenses. Release.
Update: GigaOm pegs the funding at $500,000 and says it will help the company, founded by Ryan Born, expand to four employees from three and improve its SEO.