Pursuits
Shazam Music App Valued at More Than $1 Billion in New Funding
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Shazam Entertainment Ltd. raised $30 million in a new financing that values the music-finding application at more than $1 billion.
Shazam plans to use the cash to expand into new markets and to add capabilities to its technology, the London-based company said yesterday. The startup didn’t name investors in the funding round.