Pop culture-focused social media site Buzznet, based in Los Angeles, has raised a big-ish third round of funding, as much as $25 million, we have learned, and that Universal Music-owned Interscope has invested a few million in it. A source close to the company tells us that Qloud, the music application maker backed by Steve Case, has been sold to Buzznet for a “little over their last round valuation. Qloud makes the “My Music” application on Facebook (with similar products on Bebo, Friendster, and hi5), which has 1.8 million installed users. (PaidContent, Mashable)
Showing posts with label Buzznet. Show all posts
Showing posts with label Buzznet. Show all posts
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