GigaOM
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Recommendation Engine Provider MyStrands Receives $25 Million In Funding

  • Comments Comments (View)
  • Text Size: A A

A huge amount for what it is, though it shows recommendation is gaining traction as a solution to the content discovery dilemma. MyStrands has raised $25 million in its second round of funding, according to the company’s blog. The main investor is 25 year-old Spanish media mogul Antonio Asensio, owner and CEO of the Spanish media group Grupo Zeta. Existing investors Debaeque and Sequel are also backing this round. This latest rounded brings total investment in MyStrands to $31 million. The details are thin, but the company has told me it plans to sharpen its focus on delivering mobile advertising – a feature that would likely get a lot of mileage out of the social networks already forming around MyStands’ music recommender services. MyStands was founded in 2003, and based in Corvallis, Oregon.

SEE ALSO: Music Recommendation Makes Its Move; Gracenote Goes Mobile

Competition is fierce in the category: Last.fm got recently bought by CBS, then there’s Pandora, iLike, Mog and others in a similar space. Looks like MyStrands wants to make a big push in mobile music as a differentiator.

Jun 18, 2007 11:09 AM ET

Posted In: Advertising, Entertainment, Money, M&A & Venture Capital, Social Media, Technologies / Formats

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Kindle (Paid) Kindle (Paid)
1. The Hunger Games
2. Catching Fire (The Second Book of…
3. Mockingjay (The Final Book of The…
4. Vienna Triangle
5. Kill Shot (Mitch Rapp)
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff