Music streaming company TouchTunes is said to have secured $45 million in Series E funding at a $300 million valuation.
Although those are some pretty impressive figures, the news is perhaps most notable for how it has been made public: through a case of mistaken identity and the modern world of instant public broadcasting. A Google (s goog) employee named Patrick Barry received an email at his Gmail account apparently intended for TouchTunes’ CFO, also named Patrick Barry.
Apparently amused, Barry promptly relayed the news in a public post on his Google+ account:
In case anyone cared, touchtunes.com just got $45M series E investment at a $300M valuation. People really should remember not to mis-type their email addresses when sending confidential stuff like this – it turns out that I am not firstname.lastname@example.org.
I’ve reached out to TouchTunes for comment, as well as to Google’s Patrick Barry. I’ll update this post with any additional information I receive.