Tuesday, May 10, 2011

Deals & More: musiXmatch gets $3.7M for legal song lyrics

Today’s funding announcements include online services for songs, classifieds and Twitter management:

musiXmatch raises $3.7M for online song database: The developer of a digital lyrics API has raised a first round of funding led by Italian investor Francesco Micheli Associati to expand its lyrics service to application developers and music services. Based in Bologna, Italy, the 9-employee startup has more than 5.3M officially licensed lyrics and is available in more than 18 languages.

Quikr brings in $8M for local online classifieds: Quikr Mauritius, a holding company of Quikr India, has raised a new round of funding led by Nokia Growth Partners for its web and mobile free classifieds service. The Mumbai, India-based web site, which enables users to buy, sell, rent or find objects, events and services, is available in more than 40 cities in India and has more than 10M consumers each month.

MediaRoost gets $500K to help businesses manage Twitter: The Metuchen, New Jersey-based company has raised a round of seed funding for its enterprise Twitter management tool, called TweetRoost. The service, co-founded by business partners of more than 30 years, launched in April and helps organizations monitor and analyze their social media presence.

U-Systems raises $6.5M for breast ultrasound tech: The developer of breast imaging technology has raised a new round of funding from investors including iD SoftCapital Group, Lumira Capital, PIIH, Radius Ventures and Sycamore Ventures. Founded in 1997, the company is based in Sunnyvale, Calif. and is developing an automated breast ultrasound system.

Companies: iD SoftCapital Group, Lumira Capital, MediaRoost, musiXmatch, Nokia Growth Partners, PIIH, Quikr, Radius Ventures, Sycamore Ventures, U Systems

Paige Butcher Amanda Peet Xenia Seeberg The Avatars of Second Life Daniella Alonso

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