Motorola Leads Investment in Social Music Player TuneWikiAuthored by Mark Hefflinger on February 8, 2010 - 9:13am.
Schaumberg,
Ill. - Motorola (NYSE: MOT) Ventures
announced on Monday that it has led a new investment round in TuneWiki, a
provider of social media music players and related applications.
Other participants in the round, financial details of which were not disclosed, included Benchmark Israel, Intellect Capital Ventures, HillsVen Capital and Novel TMT. Founded in 2007, TuneWiki's social media music player integrates licensed song lyrics, combining subtitled lyrics translated into over 45 languages with music and music videos. It also offers real-time mapping, geographical charting and social networking features. The company will use the investment to expand and enhance its product offerings for mobile and Web platforms.
Related Links: tags: Deals | VC | Social Networking | Music | Lyrics | Motorola Ventures | Novel TMT | Hillsven Capital | Intellect Capital Ventures | TuneWiki | Benchmark Israel |
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