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Music Social Net Imeem Gets More From Sequoia

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Imeem, the music-based social net, has taken an unspecified follow-on investment from Sequoia Capital, according to Tech Confidential. Details are scant, and it’s not known whether past backer Morgenthaler Ventures is also involved. The Palo Alto-based company recently acquired Snocap, the digital music start-up founded by Shawn Fanning. Last year, the company resolved a copyright infringement lawsuit brought by WMG by striking a rev share deal.

Apr 15, 2008 3:10 PM ET

Posted In: Entertainment, Music, Money, M&A & Venture Capital, Venture Capital, Social Media, imeem, sequoia capital

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