Nimbit Drums Up $377K

5/4/10

Nimbit, a Framingham, MA-based provider of online music marketing services, has raised $376,950 to cap off a $1.75 million round of Series A-1 funding, says CEO Bob Cramer. The new funding included backing from the CommonAngels group, in addition to LaunchCapital and Mike Dreese, co-founder and CEO of the Boston-area music and entertainment retailer Newbury Comics, says Cramer, who joined Nimbit as CEO last month.

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