Gimado Gets $300,000 for Music Search Engine

Authored by Mark Hefflinger on February 20, 2008 - 7:40am.

Los Angeles - Gimado, the operator of a search engine for streaming and downloadable music files, has landed $300,000 in seed funding from an undisclosed investors, Mashable.com reported.

Gimado offers a service similar to that of Seeqpod, which was recently sued for copyright infringement by Warner Music Group.

Gimado, like Seeqpod, would likely argue that it does not host any copyrighted media on its servers; it merely links to files hosted elsewhere.

The "safe harbor" provisions of the Digital Millennium Copyright Act in certain cases protect Internet service providers and similar services from liability for copyright infringement or other crimes committed by users of their services.

 

Related Links:
http://mashable.com/2008/02/19/gimado-funded

http://www.gimado.com



Comments

bogus

this seems highly unlikely, as gimado is yet another site built off a purchased php script that uses esnips as a repository for mp3 files. all esnips has to do is cut off access to these sites, or change their urls, and the business is dead. i think this is bogus news meant to stir up traffic for gimado - either that or they have found an extremely stupid investor...

The investor just liked the

The investor just liked the name and idea, and a lot of that money is going into development of the next version of Gimado.

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