$6M Sweet Music for TakeLessons
After taking $20,000 as the winner of the San Diego Venture Group’s Pitchfest Biz Plan Competition in December, San Diego-based TakeLessons said it has raised $6 million in venture funding led by San Francisco-based Crosslink Capital. SoftTech VC of Palo Alto, CA, and angel investors joined in the early stage round. Founded in 2006 by musician and former CollegeClub.com executive Steven Cox, TakeLessons operates a Web platform that connects people to certified music instructors in more than 2,800 U.S. cities. The company also formed a partnership with electronics retailer Best Buy to provide in-store music lessons.