Tuesday, 9 May 2017

Social music startup Smule raises $54M for Asian expansion

 Smule, maker of Sing! Karaoke and other social music apps, announced yesterday that it has raised $54 million in a round by Chinese company Tencent. Adams Street Partners, Bessemer Ventures, Floodgate, Franklin Templeton and Shasta Ventures also participated in the funding. Reuters reported that the round valued the company $604 million, setting Smule up to expand in Asia and potentially, to… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/05/09/social-music-startup-smule-raises-54m-for-asian-expansion/?ncid=rss




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