SNOCAP was a company founded by Shawn Fanning (best known for creating the Napster music service), Jordan Mendelson, and Ron Conway.
[1] SNOCAP was formed in 2002, during the final days of Napster's bankruptcy proceedings,[2] but didn't launch publicly until December 2004.
Universal Music Group was the first major label to sign on to register its content in SNOCAP's digital registry.
"Rights holders," which are what he calls musicians and their labels, will use the system to find those songs on which they hold copyrights and claim them electronically.
That acquisition reunited several members of the original Napster team, including SNOCAP's then COO, Ali Aydar, Tim DeGraw, Richard Blaylock and others.
[19] Coinciding with its launch in December 2004, SNOCAP announced it had raised $10 million in funding from WaldenVC and Morgenthaler Ventures.