Music Search Company Melodis Raises $7 Million In Funding
San Jose, CA-based Melodis, which lets people discover music, by singing, humming, or playing the song into their mobile phone, has raised $7 million in a second round of funding. TransLink Capital led this latest round with JAIC America and existing investor Global Catalyst Partners participating. Also today, Melodis said their musical search app for the iPhone and iPod Touch called midomi became available for free in the iTunes App store. The funding will go towards international expansion, including Asia, where the company’s investors particularly have strong ties to mobile networks and devices. Melodis faces competition from Shazam, as GigaOm reports.
Posted In: Entertainment, Music, Search, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, global catalyst partners, jaic america, melodis, translink capital
Comments (2)
Mar 6, 2009 8:49 AM
the idea is really innovative and not many players are in the market competing for this. If marketed right I am sure this idea will soar up.
Jun 18, 2009 1:34 AM
Its a nice article