Boston: The Hidden Hub of Music and Technology
Wade Roush10/17/07Follow @wroush
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Groove Mobile
Headquarters: Bedford, MA
Year Launched: 2004
CEO: Eric Giler
Funding: Backed by venture capital firms Egan Capital, Charles River Ventures, Kodiak Venture Partners, Star Ventures, and ORIX Venture Finance
Groove Mobile built the first service allowing direct song downloads to cell phones over cellular data networks. It works directly with mobile companies such as Sprint in the United States and 3UK and Vodafone in the United Kingdom, licensing a service called the Complete Music Gateway. The service provides full-track downloads from labels such as EMI, Sony BMG, and Warner Music International; personalized recommendations; and a peer-to-peer music sharing mechanism called “Tell-A-Friend.” In September, Groove Mobile announced that it had received an additional $6 million in venture funding from ORIX Venture Finance, bringing its total raised to $32 million. … Next Page »













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