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Founded Year



Acq - Fin - II | Alive

Total Raised


About TouchTunes Interactive Networks

TouchTunes Interactive Networks is a company that focuses on interactive music and entertainment solutions in the entertainment industry. The company offers digital jukeboxes and a mobile app that allows users to play music in various social venues such as bars and restaurants. The primary sectors the company sells to include the hospitality and entertainment industries. It was founded in 1990 and is based in New York, New York.

Headquarters Location

850 Third Ave. Suite 15C

New York, New York, 10022,

United States




Expert Collections containing TouchTunes Interactive Networks

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

TouchTunes Interactive Networks is included in 1 Expert Collection, including Restaurant Tech.


Restaurant Tech

1,075 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.

TouchTunes Interactive Networks Patents

TouchTunes Interactive Networks has filed 154 patents.

The 3 most popular patent topics include:

  • social networking services
  • audio engineering
  • streaming music services
patents chart

Application Date

Grant Date


Related Topics




Audio engineering, Streaming music services, Social networking services, Monoclonal antibodies, Interactive television


Application Date


Grant Date



Related Topics

Audio engineering, Streaming music services, Social networking services, Monoclonal antibodies, Interactive television



Latest TouchTunes Interactive Networks News

PE HUB » TouchTunes Closes $45M Series E Round at $300M Valuation, CEO Confirms

Apr 2, 2015

Friends (57) August 17, 2011    226 Views    0 Comments TouchTunes Interactive Networks, a digital jukebox maker, has completed a $45 million Series E funding round that gives the company a pre-money valuation of $300 million, TouchTunes CEO Charles Goldstruck told peHUB. 3i, the UK-based PE firm, is investing $40 million in the company, while VantagePoint Capital Partners, which owns a majority of TouchTunes, is putting in another $5 million, Goldstruck says. This is TouchTunes’ fifth round of funding, says Goldstruck, who declined to reveal the total amount of capital the company has raised to date. Caisse de Depot, the Quebec pension fund, owned a stake, but the Quebec pension fund transferred its interest to VantagePoint in 2006. (Caisse de Depot is still an investor, Goldstruck says. ) TouchTunes was a public company in Canada from 2002 to 2005. In 2006, the company went private when VantagePoint became a majority investor and took over Caisse de Depot’s position. 3i is TouchTunes first outside investor since 2006, Goldstruck says. The $45 million deal closed yesterday, Goldstruck says. VantagePoint owns the biggest chunk of the company (a controlling stake), followed by 3i, which has a minority stake. Goldstruck himself also owns part of TouchTunes. “I’m very happy,” he says. “When you get the capital you need with the right partner that is a good place to be.” New York-based TouchTunes calls itself a digital, interactive out-of-home entertainment network. TouchTunes’ jukeboxes can be found in 50,000 restaurants and bars in North America, including Hooters, TGIF and Buffalo Wild Wings. Goldstruck wouldn’t disclose revenue for TouchTunes. In February, TouchTunes began looking for a strategic investor and tapped GCA Savvian to run the process. A number of parties were interested, including growth investors, buyout firms and some strategics. TouchTunes plans to use the $45 million funding to expand globally (Europe and Asia), for M&A and for product development, Goldstruck says. “We chose 3i because of their global footprint,” he says. 3i has offices in 13 countries including Brazil, China, France, Germany and India. The firm invested in TouchTunes because of its attractive profitability and growth characteristics, says Andrew Olinick, a 3i principal. “They have been gaining locations for a long period of time,” says Olinick. “They have a good business, good growth and good management.” Most of 3i’s deals are for controlling stakes, but the PE firm is no stranger to taking minority stakes. 3i even has a pool, its Growth Capital Fund, of which a “substantial chunk” goes into making minority investments, says Olinick. The Growth Capital Fund raised $1.7 billion in March 2010. With the fund, 3i targets later stage companies that are established and profitable, he says. 3i typically invests $40 million to $200 million per deal in sectors including TMT (technology, media and telecom), business services and industrial growth. When asked if 3i planned to increase its investment in TouchTunes to a majority, Olinick said: “In the recent past, we have just done minority. We haven’t done minority to control.” 3i did not use an outside investment bank. GCA Savvian team members Richard Jasen, John Lambros, Jimmy Orozco, Cliff Platt and Yuji Maruyama provided financial advice to TouchTunes. Leave a Reply

TouchTunes Interactive Networks Frequently Asked Questions (FAQ)

  • When was TouchTunes Interactive Networks founded?

    TouchTunes Interactive Networks was founded in 1990.

  • Where is TouchTunes Interactive Networks's headquarters?

    TouchTunes Interactive Networks's headquarters is located at 850 Third Ave., New York.

  • What is TouchTunes Interactive Networks's latest funding round?

    TouchTunes Interactive Networks's latest funding round is Acq - Fin - II.

  • How much did TouchTunes Interactive Networks raise?

    TouchTunes Interactive Networks raised a total of $65.33M.

  • Who are the investors of TouchTunes Interactive Networks?

    Investors of TouchTunes Interactive Networks include TA Associates, Searchlight Capital Partners, 3i Group, VantagePoint Capital Partners, CDP Capital and 4 more.

  • Who are TouchTunes Interactive Networks's competitors?

    Competitors of TouchTunes Interactive Networks include Soundtrack Your Brand and 5 more.


Compare TouchTunes Interactive Networks to Competitors

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Rockbot provides a social music platform. The company offers background music and virtual jukebox solutions that run on an internet-connected device connected to the sound system. It was founded in 2010 and is based in Oakland, California.


Brandtrack offers music software to synchronize music across multiple stores. It uses algorithms to track various consumer patterns to create a soundtrack that improves the customer experience. It was founded in 2015 and is based in Buenos Aires, Argentina.


storePlay is an app-based background music service. It allows playlists to be remotely downloaded and played on an iOS, Android, Windows or Sonos device. It helps businesses connect with customers through music and visuals. It serves shopping malls, restaurants, cafes, health spas, clinics, and more. It was founded in 2012 and is based in Melbourne, Australia.

Soundtrack Your Brand Logo
Soundtrack Your Brand

Soundtrack Your Brand is a music streaming service for businesses. It is licensed to use in public and commercial environments and combines data analysis with expertise to deliver content that fits individual brands. Soundtrack Your Brand was founded in 2013 and is based in Stockholm, Sweden. Logo is a webapp that provides a customizable stream of music licensed for in-store use. Most retail establishments play music, but public performance licensing requirements mean that they can't simply play their iPod. is streaming music service that takes care of performance licensing.


PPL PRS is a joint venture between the UK’s two music licensing organizations, PPL and PRS for music. The company provides a streamlined music licensing service. The company was founded in 2017 and is based in Leicester, United Kingdom.


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