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snapverseTechCrunch reports that Snapverse has raised $3.5 million in a new round of funding. The new funding came from John Hannan of Apollo Management. Snapverse is an iPhone app, which combines a 20 second video recording with licensed music. The company also announced a  partnership with Universal, Warner Brothers, and Sony. “They didn’t give us this access for free and we didn’t ask for it for free. We wrote out pretty big checks.” said Scot McCraken, CEO and Founder of the company. Read More

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