Motorola Leads TuneWiki Funding Round
Motorola, through its investment arm, Motorola Ventures, is leading a round of new investment in TuneWiki. a provider of lyric recognition apps and social music players. Other new investors include Intellect Capital Ventures, a venture fund initiative of TeliaSonera, the leading Nordic Telecommunications operator ,HillsVen Capital and Novel TMT. TuneWiki's previous venture capital investor, Benchmark Israel, also participated.
Details of the funding round were not released. TuneWiki's upcoming releases will continue to focus on the use of song lyrics to connect music fans with new products, including an upcoming mobile game.