Home › DMW Daily › October 14, 2009

Shazam Gets Funding, Counts 50M Users of Mobile Music ID App

Authored by Mark Hefflinger on October 14, 2009 - 7:25am.
London - Shazam Entertainment, a provider of music recognition technology, announced on Wednesday that it raised an undisclosed sum of new funding from venture capital firm Kleiner Perkins Caufield and Byers' iFund.

London-based Shazam said it now counts more than 50 million users of its service -- up 15 million from February.

The company's music ID application lets a user hold a mobile phone up to a speaker, which then returns song and artist information, as well as links to purchase the song.

The Shazam application has been downloaded more than 10 million times from Apple's App Store, and is also available on BlackBerry App World, Nokia's Ovi Store and Google's Android Market.

Shazam will use the funds to expand accessibility of its service around the world, adding new mobile platforms and multiple languages.

 

Related Links:
http://www.shazam.com/music/web/newsdetail.html?nid=NEWS089

Published in DMW Daily, October 14, 2009
tags: Deals | Mobile | VC | Music | Kleiner Perkins Caufield & Byers | iFund | Shazam Entertainment |



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