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
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
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
Groove Mobile LinkedIn Company Profile
Social Media
Groove Mobile Company Twitter Account
Company News
Groove Mobile News
Facebook
Groove Mobile on Facebook
YouTube
Groove Mobile on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Eric Giler
  Eric Giler LinkedIn Profile  Eric Giler Twitter Account  Eric Giler News  Eric Giler on Facebook
Chief Financial Officer
Karen Cambray
  Karen Cambray LinkedIn Profile  Karen Cambray Twitter Account  Karen Cambray News  Karen Cambray on Facebook
Chief Marketing Officer
Adam Sexton
  Adam Sexton LinkedIn Profile  Adam Sexton Twitter Account  Adam Sexton News  Adam Sexton on Facebook
VP - Engineering
Rob Friedman
  Rob Friedman LinkedIn Profile  Rob Friedman Twitter Account  Rob Friedman News  Rob Friedman on Facebook
VP - Sales
Rene Thibault
  Rene Thibault LinkedIn Profile  Rene Thibault Twitter Account  Rene Thibault News  Rene Thibault on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/22/2006: Likewise Software venture capital transaction
Next: 3/22/2006: WellDog venture capital transaction

 

Share this article

 


About Database of VC Transactions

We report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary