European music startup
musiXmatch will be announcing today at the
MusicTech Summit in San Francisco that it has closed a $3.7 million series A funding round for its digital lyrics platform.
The round was led by Italian investor
Francesco Micheli AssociatesmusiXmatch
adds to the prior $700K it has raised in seed funding from both Francesco Micheli and a former
Dada executive.
Lyrics are one of the
most searched for terms on Google, and I think many of us have found ourselves looking to Google and one of the many lyric sites to either help us win an argument, or clean up the lyrics of a favorite old song playing our heads.
There are, of course, tons of song lyric sites floating around the Web, but the large majority of them are unofficial, or don't have the rights to be broadcasting free song lyrics to the public.
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