MakeMusic Raises $3 Million

MakeMusic (Nasdaq: MMUS) has completed a $3 million private placement of its common stock. The private placement includes an investment of $1.0 million made by existing shareholder SG Asset Management.

MakeMusic’s is a company dealing with music education technology. The proceeds will be used primarily for working capital and to grow subscriptions to SmartMusic, the company’s music practice system.

Comments have been disabled for this post