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Beats Music has raised about $60 million in another round of financing.  As Bloomberg reported, the exact dollar amount is not specified or who the investors are, but it is most likely a combination of individuals and investment groups for this new cash intake.  They initially raised $60 million about a year ago to build and launch the music subscription service (then codenamed Daisy).

Expect Beats Music to use the money to extend their reach with larger advertising and co-branding campaigns (remember the Super Bowl and AT&T advertising spots).  Case-in-point, Corvette Stingray and the Beats Music app integration already in motion at the SXSW conference.Beats + Corvette