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| UPDATED: 2010-01-08 |
Echo Nest Raises Another $1.3 Million
By: Bruce Houghton 2010-01-08 Music intelligence developer Echo Nest has raised $1.3 million in venture funding. According to the SEC filing the round included 14 unnamed investors. The company previously raised a round of capital lead by Commonwealth Capital Ventures. The companys web site says that it is developing a "musical brain" to understand the latest trends, buzz and fan opinion based on previous research from MIT, Columbia and the U Cal Berkeley. Comments Tag: Echo Nest Add to Del.icio.us | Digg | Reddit | Furl About the Author: Bruce Houghton is a 25 year music industry veteran who owns booking agency Skyline Music and the tour marketing company Skyline Innovations. http://www.hypebot.com |
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