itunes

07/26/2006, 1:00pm, EDT

Wednesday, July 26th

iTunes social network raises $2.5m

Music website GarageBand.com today said it has raised $2.5 million in equity financing from Khosla Ventures, as well as from individual investors. The company is testing a new music-oriented social network designed for iTunes users, from which it hopes to generate revenue, according to Bizjournals.com. Among the individual investors named was David Weiden, a new Khosla partner who joined in 2006, as well as MTV co-founder Bob Pittman, both of whom took seats on GarageBand.com's advisory board.


Filed under: software
Other story tags: iTunes

, , comment, del.icio.us, slashdot, digg


post a comment
Reader Reactions (Please use <i></i> for italic text)

subscribe to comments
for this article




Expand All   Global Settings
Be the first to post comments on this story.
Your Comments

In order to post comments: If you are a registered member, please login with your MacNN Forums username and password otherwise please uncheck the checkbox below.


Registered Member?
macnn forums login:

macnn forums password:

Not a member of the MacNN forums? Register now for free.

Buy from the Apple Store The Apple Store: Get great deals on the iPod video, iPod Radio Remote, Refurbished iPods starting at $79, iPod shuffle or iPod nano with free engraving, other iPod accessories for the road, or education discounts on iPods.

PowerBookMedic will fix any Powerbook, iBook, iPod: We offer Parts, Hard Drives, Superdrives, Ram Upgrades & Repairs all backed up w/ our 1YR Warranty!

Try VONAGE Home Phone FREE and SAVE on Calls!: Sign up now and Get 1 Month FREE Unlimited calling to US, Canada, PR, and many European countries!

CHECK OUT THE VIERA FROM PANASONIC: Enter a New Visual Era with Panasonic VIERA HDTVs. An Enhanced Experience.

PowerBookMedic will fix any Powerbook, iBook, iPod: We offer Parts, Hard Drives, Superdrives, Ram Upgrades & Repairs all backed up w/ our 1YR Warranty!

Looking For A NEW LAPTOP? Build Your Own!: CHECK IT OUT! Build your Intel®-Powered Laptop With ZipZoomFly. Chassis, Components, Everything.


Buy from The Apple Store, iTunes.com, Amazon.com, TechDepot, OfficeDepot, Computers4Sure, or donate.