Digitial Jukebox Firm ECast Gets $5.2 Million Funding


Ecast, an interactive jukebox firm which has been around for a while, has received $5.2 million in funding, according to an SEC filing, picked up by PE Week Wire.

Company shareholders include Mobius Venture Capital, El Dorado Ventures, Electronic Arts, Crosslink Ventures and DCM-Doll Capital Management. The company has raised around $60 million in total VC funding since its 1999 inception.

There are about 5,000-plus locations in the Ecast network with 200 new ones added each month. One hundred million songs were played in 2005.

For more about the company, read this Media Life magazine story

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