The Echo Nest (MIT) Secures $7 Million to Power the Future of Music Applications (10/5/2010)

The Echo Nest is an MIT-spinoff creating an intelligent music application platform.

The Echo Nest, a music intelligence company powering smarter music applications for independent developers and leading media companies, announced it has raised $7 million in venture financing. Matrix Partners led the financing with existing investor Commonwealth Capital Ventures also participating. The company plans to use the funds to support growth of its music intelligence platform and expand its team. [read more]

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