Somerville,
Mass. – The Echo Nest, the
provider of a music recommendation and search platform, has raised $1.3 million
in new funding from 14 unnamed investors, according to a regulatory filing.
Somerville, Mass.-based Echo Nest’s "machine
learning" platform was developed by MIT PhDs, and aims to improve the
relevance of music search and recommendations.
The company’s technology is
being used by streaming music service Spotify, and was recently integrated into
music blog network MOG’s new subscription-based streaming music service.
Related Links:
http://www.echonest.com