The Echo Nest Secures $17,300,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=daea2eeb-80d4-484c-b9b6-396c4a6ad9bb&Preview=1 -
Date
7/12/2012 -
Company Name
The Echo Nest -
Mailing Address
48 Grove Street Somerville, MA 02144 -
Company Description
The Echo Nest’s Fanalytics platform applies an unprecedented understanding of the music web to help you better target and build your online fan base. -
Website
http://www.echonest.com -
Transaction Type
Venture Equity -
Transaction Amount
$17,300,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The Echo Nest plans to use the funds to support continued sales growth, international expansion, and new product development. -
M&A Terms
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Venture Investor
Norwest Venture Partners -
Venture Investor
Commonwealth Capital Ventures -
Venture Investor
Matrix Partners -
Venture Investor
Undisclosed
