Ecast Gets $17 Million for Net-Connected Digital JukeboxesAuthored by Mark Hefflinger on October 13, 2009 - 10:55am.
San Francisco
- Ecast, a maker of Internet-connected digital jukeboxes for bars and
restaurants, has secured $17 million in new funding, PaidContent reported,
citing a regulatory filing.
Korea's LG Electronics, a new investor, joined previous backers Foundry Group, Escalate Capital Partners, DCM and Crosslink Capital in the round. Founded in 1999, San Francisco-based Ecast operates a network of over 10,000 digital jukeboxes, which in addition to playing songs, also display interactive advertising.
Related Links: tags: Deals | VC | Advertising | Music | LG Electronics | Ecast | DCM | Crosslink Capital | Foundry Group | Escalate Capital Partners |
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