imeem raises $6 million in venture funding

Oct 05, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Company: Warner Music Group Corp (WMG)

imeem, Inc., a US-based operator of a social networking site, has secured $6 million in venture funding from Morgenthaler Ventures and Warner Music Group Corp.

Deal Value (US$ Million) 6
Deal Type                Venture Finance
Sub-Category             Growth Capital/Expansion
Deal Status              Completed: 2009-09-30

Deal Participants

Target (Company)   imeem, Inc.
Acquirer (Company) Warner Music Group Corp.

News Provided by COMTEX

Company: Warner Music Group Corp (WMG)

Related terms: expansion, music, networking

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imeem raises $6 million in venture funding

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