gBox Gets Angel Funding For Distributed Music Store

Cupertino-based gBox, the maker of a music download widget, has raised unspecified angel funding from Swiss firm b-to-v, reports Alarm:Clock Euro. The gBox widget can display a wishlist of music tracks that third parties can then purchase. The company has a deal with Universal to distribute DRM-free music and it plans to expand into non-music items in the future. It also plans to establish a digital currency that marketers can use for promotions. gBox is a spin-off of content/rights vendor Navio.

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