Social music player TuneWiki is on a funding roll. The startup just raised $7 million in Series B funding from Motorola Ventures, Intellect Capital Ventures, HillsVen Capital, Novel TMT and Benchmark Israel. Today, TuneWiki is announcing that DOCOMO Capital, the venture arm of Japanese mobile giant NTT DOCOMO, has made an undisclosed investment in the company.
TuneWiki says it will use the investment for to build new products and expand its current mobile and web platforms.: TuneWiki is an app that brings music streaming, a lyrics database and music videos from YouTube to one social, customizable media player both on the web and to mobile devices. In the coming year, TuneWiki plans to launch a mobile game and significant feature upgrades to the TuneWiki social media player.
Of course, the NTT DOCOMO investment will also mean further expansion into the Japanese mobile markets.Rani Cohen, TuneWiki’s CEO, says that because of of the popularity of Karaoke applications in Japan, TuneWiki’s lyrics to music could gain traction in the country. TuneWiki boasts apps for iPhone, Android, BlackBerry and Nokia handsets.
TuneWiki is also appointing a new COO, Lawrence Goldberg, who was the former COO of Activision. Another Activision alum Michael Steiner, who worked on GuitarHero at the gaming company, is joining TuneWiki as director of marketing.