Updated: According to PwCMoneyTree data, the funding was $0.52 million.
INgrooves, an SF-based digital music record label and online distributor of dance, electronic, hip-hop and R&B tracks, said that it has raised an undisclosed amount in a new round of funding, led by Acuity Ventures and WR Hambrecht & Co, according to Bay Area Tech Wire. The company sells through online music serices, and also offers tracks for licensing in video games, as well as ringtones and full-length mobile downloads.
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