Motorola Ventures Leads Financing for TuneWiki

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
FUND RAISING 
Database Reference:  F231109-349
 
Business:  TuneWiki
Web:  http://www.tunewiki.com
Other Web Links: Facebook
Location:  British Virgin Islands
Region:  Latin America and Caribbean
Business description:  TuneWiki is a social media music player with the largest legally-licensed lyrics database in the world.
Category: Music
Contact 1:  Rani Cohen, CEO, TuneWiki
Contact 2:  Reese Schroeder, Managing Director, Motorola Ventures 
 
Investors:  Motorola, Inc., through its strategic investment arm, Motorola Ventures. Motorola acted as lead investor and was joined by new investors Intellect Capital Ventures, a venture fund initiative of TeliaSonera, the leading Nordic Telecommunications operator, managed by Intellect Partners, as well as HillsVen Capital, LLC and Novel TMT. TuneWiki’s previous venture capital investor, Benchmark Israel, also participated in the round.
 
Amount raised:  Undisclosed 
 
Details:  TuneWiki will use the investment to expand and enhance its product offerings for leading mobile platforms and the Internet.

Link:  Motorola Announcement

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