– Imeem co-founder and former CEO Dalton Caldwell has raised $370,00 of an
expected $600,000 in debt financing for his new start-up Mixed Media Labs, VentureBeat
reported, citing a regulatory filing.
Information on investors was not provided.
The imeem streaming music service was
acquired by MySpace last year, and promptly shut down.
The website for Mixed
Media Labs does not provide information on the company, and Caldwell told VentureBeat: "I am not
currently in a position to talk about my new company."