Music Intelligence Raises $7 Million

Music Intelligence Solutions Inc. (fka Uplaya), a San Francisco-based provider of digital music and media discovery, has raised $7 million. No investor information was disclosed.

 

PRESS RELEASE
Music Intelligence Solutions, Inc., a global leader in the field of digital music and media discovery, today announced that it has completed a $7 Million funding round. This financing round is led by angel investors with ties to global private equity and hedge fund management.


“We are fortunate to have the backing and support of an experienced group of angel investors who also manage professional hedge funds in excess of $6 billion,” said David Meredith, CEO of Music Intelligence Solutions, Inc. “We will leverage this new funding to support the global rollout of our unique and patented mobile music discovery solutions and the launch of our next generation web 2.0 personalization and community networking capabilities.”


Music Intelligence Solutions' expansion has been highlighted by the continued success of its bundled music discovery solution