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Shazam picks up a new £20 million investment

Company now valued at over $1 billion

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.

Author: The Fonecast
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