Schaumberg,
Ill. – Motorola (NYSE: MOT) Ventures
announced on Monday that it has led a new investment round in TuneWiki, a
provider of social media music players and related applications.
Other
participants in the round, financial details of which were not disclosed,
included Benchmark Israel,
Intellect Capital Ventures, HillsVen Capital and Novel TMT.
Founded in 2007, TuneWiki’s
social media music player integrates licensed song lyrics, combining subtitled
lyrics translated into over 45 languages with music and music videos.
It also
offers real-time mapping, geographical charting and social networking features.
The company will use the investment to expand and enhance its product offerings
for mobile and Web platforms.
Related Links:
http://snipurl.com/ub1yv
