Tech Company Financing Transactions
Groove Mobile Funding Round
On 9/5/2007, Groove Mobile raised $6 million in funding from ORIX Ventures.
Transaction Overview
Company Name
Announced On
9/5/2007
Transaction Type
Debt
Amount
$6,000,000
Round
Undisclosed
Investors
ORIX Ventures (William Bishop)
Proceeds Purpose
This latest round of funding will help grow Groove's market position as the company continues to expand its presence in the global mobile music marketplace.
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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