Gushcloud names Def Jam co-founder as president, raises $15m for global push

SINGAPORE - To drive global expansion, Singapore-based influencer agency Gushcloud International on Wednesday (Sept 18) said it has raised US$11 million (S$15.1 million) in a funding round, while making several senior appointments, including bringing on board hip-hop mogul Russell Simmons as president. Mr Simmons is the co-founder of Def Jam, an American music label managing world renowned artists such as Justin Bieber and Kanye West. In his new role as Gushcloud International president, he will be tasked with helping the group navigate global expansion and expand its portfolio of America-based talents and clients. He will also facilitate the setting up of the group's talent agency headquarters in Los Angeles. With the LA headquarters, the group looks to better meet the needs of its US-based creators, celebrities, and influencers, and build an international roster for "export" into South-east and North Asia. Read the full story here.