Novel TMT
Intellect Capital Ventures
HillsVen Capital
benchmark israel

Social Music Player TuneWiki Raises $7M From Motorola Ventures, Others

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Social music player TuneWiki has raised an undisclosed amount of additional funding in a Series B round led by Motorola Ventures and joined by Intellect Capital Ventures, HillsVen Capital, Novel TMT and prior investor Benchmark Israel.

Update: The Marker (in Hebrew) says the investment totals $7 million.

TuneWiki says it will use the investment to expand its product offerings for mobile platforms and the Web.

The company will continue to focus on the use of song lyrics in new ways that connect music fans with new products, including an upcoming mobile game.

TuneWiki boasts apps for iPhone, Android, BlackBerry and Nokia handsets.

This is the second funding announcement for Motorola’s venture arm in a week – on Feb 2 the investor announced that it had injected extra capital into mobile barcode company Scanbuy.

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