New York – TuneSat, a provider of audio fingerprinting technology that rightsholders can use to track usage of music on TV and the Internet, announced on Thursday that it has raised $6 million in new funding, led by General Electric Pension Trust.
Former Gracenote CEO Scott Jones, and several previous backers also invested in the round.
New York-based TuneSat monitors more than 200 channels in the U.S., U.K., France, Germany and Italy on behalf of its clients, and alerts them to performances of their compositions in near real-time.
The company will use the funds to expand the reach of its content monitoring services.
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