The reggaetón superstar sold some of his recordings to Cinq a few years ago. They are now part of the 20th celebration of Barrio Fino.
The late producer's catalog includes megahits "Te Boté" and "La Jeepeta."
The investment from parent company GoDigital Media Group follows $160 million in previous funding.
The worldwide pact covers distribution, branding, sponsorships, merchandising and synchronization.