Tech Company Financing Transactions
Groove Mobile Funding Round
CRV, Egan-Managed Capital and Kodiak Venture Partners participated in a $8.5 million funding round for Groove Mobile. The round was recorded on 3/22/2006.
Transaction Overview
Company Name
Announced On
3/22/2006
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funding to accelerate the growth of its innovative mobile music platform while it continues to expand in global markets.
Company Information
Company Status
Acquired or Merged
Industry
Entertainment
Mailing Address
24 Crosby Drive
Bedford, MA 01730
USA
Bedford, MA 01730
USA
Phone
Website
Email Address
Overview
Groove Mobile is the world's leading mobile music service. Groove Mobile's Complete Music Gateway includes Full Track Mobile Downloads, Peer-to-Peer Sharing and Personalized Music Recommendations, in addition to providing Personalized and Programmed Streaming Radio, Music Subscriptions, and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Giler
Chief Financial Officer
Karen Cambray
Chief Marketing Officer
Adam Sexton
VP - Engineering
Rob Friedman
VP - Sales
Rene Thibault
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Prev: 3/22/2006: Likewise Software venture capital transaction
Next: 3/22/2006: WellDog venture capital transaction
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