Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Shazam picks up a new £20 million investment

Mark

Company now valued at over $1 billion

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Mobile-based music recognition service Shazam has arranged a new $30 million investment (around £20 million), which values the company at over $1 billion (£663 million).

The company has over 100 million active mobile users per month and has seen its app downloaded over 500 million times.

According to Shazam, this new funding will support its continued evolution and rapid growth, increased service capabilities and expansion into new market sectors.

Andrew Fisher, Shazam’s Executive Chairman, said “This funding reflects the substantial progress we have made in delivering a new paradigm for brands and content owners to increase engagement with their audiences whilst magically connecting people to the world around them. We are delighted to welcome our new investors as we further strengthen our balance sheet and continue to effectively execute on our corporate strategy.”

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusivePodcast - 29th July 2009

Former javelin world record holder Steve Backley talks about selling mobile phones, while Iain, James and Mark look at the rest of the week’s industry headlines – from SpinVox problems to Blyk’s closure.

ExclusivePodcast - 22nd July 2009

This week Iain Graham talks to Andy Tow, MD of distributor Avenir Telecom. And, as usual, Iain joins James Rosewell and Mark Bridge for an in-depth look at the week's mobile industry headlines.

ExclusivePodcast - 15th July 2009

We report from the launch of Datawind's new UbiSurfer netbook and PocketSurfer3 device, which both include a year's mobile internet access with the purchase price. Plus, as usual, there's an in-depth look at all the week's mobile industry headlines.

ExclusivePodcast - 8th July 2009

This week's podcast sees Vodafone and Carphone Warehouse reunited, T-Mobile UK with an uncertain future and mobile music downloads hitting new highs. There's also news about a youth-focussed MVNO - and it's not Blyk.

ExclusivePodcast - 1st July 2009

It's a particularly upbeat edition of The Fonecast this week, with European roaming charges falling, a universal phone charger on the horizon and mobile video uploads on the increase. Coming back down to earth, we also take a look at some of the problems facing mobile payments in the UK.

RSS
First7576777880828384Last

Follow thefonecast.com

Archive Calendar

«June 2026»
MonTueWedThuFriSatSun
25262728293031
1234567
891011121314
15161718192021
22232425262728
293012345

Archive