MusiXmatch Receives $3,700,000 New Financing
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=64425c2f-c991-4441-8fb0-4c697660da99&Preview=1 -
Date
2/1/2013 -
Company Name
MusiXmatch -
Mailing Address
Undisclosed New York, NY 10017 -
Company Description
Available on iOS, Android, WP7 desktop Mac, W8 and Spotify, musiXmatch is currently the world’s largest and official Lyrics Catalogue with more than 10,000,000 users worldwide and primary destination on mobile and connected devices for Songs Lyrics passionate. -
Website
http://www.musixmatch.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,700,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The new capital comes from existing investors Micheli Associati, and Paolo Barberis, and is earmarked for expansion of the team, further product development, and the opening of new offices in New York and Asia. -
M&A Terms
-
Venture Investor
Francesco Micheli Associati -
Venture Investor
Investor
