Content Creation Platform Fanhouse Closes $20 Million Series A Funding Round Led by a16z

Fanhouse, a content creation platform, has closed a $20 million Series A round of funding led by a16z. In addition, Fanhouse has just completed its integration with Spotify. It is reported that the total revenue of creators on Fanhouse platform is now close to $10 million. The platform allows for traceability and penalties for leaks, and protects user privacy through creator watermarks and re-posters watermarks. In response to Apple's and Google's platform-side draws, Fanhouse has launched Coins, an in-app currency that users can purchase on the web and then reward creators in the app.