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by Marc on September 03, 2007
GROOVE MOBILE MOVES $6MILLION Boston-area based Groove Mobile landed $6 million in a new round of funding from ORIX Venture Finance, for a total of $32 million raised. Previous investors included Egan...
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by Marc on August 27, 2007
Boston-based SonicBids raised $4.5 million from the Edison Venture Fund. SonicBids offers a specialized service that packages web-based artist submissions. Sonicbids was used in the Starbucks Music...
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by Marc on August 20, 2007
VIRTUAL SERVICE DOPPELGANGER ADDS $11 MILLION FOR KIDS Virtual-world builder Doppelganger raised $11 million from ComVentures, Draper Fisher Jurvetson, Trident Capital, Draper Richards, KPG Ventures...
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by Marc on July 30, 2007
ROYALTYSHARE ADDS MUSICALC San Diego-based digital media tracker RoyaltyShare acquired UK-based Musicalc. Musicalc provides royalty accounting services and software and enables RoyaltyShare to expand...
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by Marc on July 09, 2007
THE NIELSEN COMPANY BOUGHT TELEPHIA MEDIA RESEARCH Nielsen bought Telephia, a media research company focused on the mobile industry for an undisclosed amount. Telephia serves both mobile data and...
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by Marc on July 02, 2007
UNIVERSAL MUSIC PURCHASES Sanctuary FOR $88 MILLION Sanctuary, a large independent British music company, agreed to be purchased by Universal Music Group for 44.5 million pounds, or $88.3 million US....
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by Marc on June 25, 2007
OVERSI CACHES $8 MILLION FOR P2P CONTENT Israel-based Oversi added $8 million in a second round of funding from Carmel Ventures, StageOne Ventures, TempoPark Fund, and Cisco. Oversi was founded in...
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The web site Consumerist ran a poll for worst company in the United States. The winner was RIAA (never mind that it's not an actual company). Consumerist published the top 50 congresspeople who...
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by Marc on June 18, 2007
FREEHAND SYSTEMS GRABS $2 MILLION FOR digital sheet music Freehand Systems closed grabs $2 million in a third round of capital from Vision Capital Advisors. Freehand manufactures MusicPad Pro Plus, a...
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Wireless network Amp'd Mobile filed for Chapter 11 bankruptcy. Amp'd leases access to the Verizon Wireless mobile network. The company has tried to differentiate itself by providing music,...
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This article is part of a series on the changing music business. 1. Weakly Album Sales 2. It's Not About the Album 3. Album Sales Are Like US Box Office 4. EMI Sale: The Continuing Destruction of...
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by Marc on June 11, 2007
SLACKER DRAWS $40 MILLION FOR digital music service Music service Slacker closed a $40 million second round of funding from Centennial Ventures, Rho Ventures, Austin Ventures, Mission Ventures and...
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by Marc on June 04, 2007
BUZZNET BUSIES UP FOR $6 MILLION LA-based Buzznet, a music-oriented social networking startup, snagged $6 million from Redpoint Ventures and Anthem Venture Partners. Buzznet started in 2005 with a...
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Germany-based SellaBand takes online donations to the next level for new artists by banding together small contributions in a method it calls crowdsourcing. Artists upload a few cuts, send their fans...
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TUNGLE TAMES $1.5 MILLION FOR P2P MEETINGS Tungle has secured $1.5 million of venture financing from leading Canadian venture funds JLA Ventures and Desjardins Venture Capital, and US angel Alex...
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ZOPA SCORES $12.9 MILLION FOR P2P LENDING Zopa is two years old and based in Britain. Zopa specializes in P2P lending, which directly connects individual lenders and borrowers and bypasses a bank or...
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9SKY COUNTS TO $10 MILLION 9Sky, an online chinese music retailer, raised $10 million from a Taiwanese investment fund. The investment follows an earlier round with Linktone. 9Sky has an inventory of...
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PASSALONG NETWORKS SCORES $10 MILLION FOR ONLINE MUSIC STORES Nashville-based PassAlong Networks provides a full ecommerce solution for online music stores. The PassAlong Networks catalog includes...
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by Marc on April 30, 2007
H2O AUDIO LANDS $5 MILLION FOR IPOD CASES H2O Audio in San Diego manufactures waterproof iPod cases and headphones. Steelpoint Capital Partners led the series C round. The company is expanding its...
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by Marc on April 23, 2007
INTENT MEDIAWORKS GETS SERIOUS WITH $10 MILLION Atlanta's Intent MediaWorks raised $10 million from Greycroft Partners, SoftBank Capital, Bertelsmann Digital Media Investments (BDMI), and Allen...
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by Marc on April 16, 2007
RIPL Snags $2 million Seattle-based RIPL is a Seattle startup that combines social networking with music and photo sharing and IM. RIPL had earlier raised an angel round of $1.5 million. CEO Bill...
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by Marc on April 09, 2007
The follow are some noteworthy past fundings that we didn't cover. We'll report more regularly on them on Money Mondays. Musicrypt Raised $10 Million Musicrypt sold $10 million in stock...
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