Source: http://feedproxy.google.com/~r/Techcrunch/~3/lHjcY5JtB3o/
Tuesday, April 19, 2011
Social Jukebox exfm Raises $750,000 For Its Music Discovery And Sharing Extension
exfm, a Chrome extension that allows you to discover new music while browsing, today announced that it has raised $750K in seed funding. The round was led by Spark Capital, Betaworks, Founder Collective, and Dave Morgan. exfm adds to the $500K it raised back in May of last year, bringing total investment to $1.25 million. The startup will be using its proceeds to grow its team, launch mobile apps for iOS and Android, and expand its offerings beyond the Chrome extension. Formerly ExtensionFM, in December of last year, the startup rebranded its product exfm and added a bunch of new features, including Twitter, Facebook, and Tumblr integration. Although Pandora and Last.fm may be your go-to services for streaming radio and recommendations for similar artist, exfm is a fantastic complement to these services.
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