Monday, July 8, 2013

Published 8:31 AM by

Shazam service receives $ 40 million from Carlos Slim

Shazam service receives $ 40 million from Carlos Slim

       According to Reuters, Mexican billionaire Carlos Slim, invested $ 40 million in the development of mobile music app Shazam. In conjunction with the next round of investment, Shazam said that the money raised by plans to broadcast video on the network by running the system Shazam TV.

        The company also said that only since 2009, they have attracted from investors $ 72 million. In a statement, representatives of the Mexican billionaire said that Shazam is going to start in the near future to attract advertisers to the new video service as soon as possible to make it financially profitable.

        Today, service Shazam used by about 350 million people worldwide. In April 2012, the company has updated the iOS-version of its application, which has been added some features for video viewing and display advertising. In September, the company intends to release a new version of the Windows Phone and Android.
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