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Melodeo has raised an additional $7.9 million, money that it will use to promote a free music service called nuTsie that allows people to listen to music shuffles from their iTunes collections on mobile phones or personal computers.
The deal was led by existing investors Voyager Capital and Ignition Partners -- Seattle area venture capital firms that both raised new funds recently.
Here's a description of how nuTsie -- an anagram of iTunes -- works from my story in June. At the time, Melodeo's Dave Dederer called nuTsie "an iPhone on training wheels."
Melodeo -- founded by former executives at Tegic Communications and employing 22 people -- raised $9.5 million in 2004 for a service that allows people to listen to music tracks on mobile phones. It has raised a total of $19.4 million.
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Click here for a listing of conferences, events and social gatherings in Seattle's high-tech industry. To submit an event for consideration on the calendar, e-mail me here.
Forget the ad space altogether. It's time that Microsoft to show the long term vision that created their success in the first place. Clearly there are far more valuable, provocative and lucrative problems for technology to solve than consumer spending and entertainment. It's time for the Blue Monster to think bigger thoughts."
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Recent entries
· HaloSource taps cash to clean world's water
· Voyager, others back Portland video startup
· Taking a break
· Mark your calendar
· Roundup: Sampa, thePlatform, Paul Allen, etc.
· Writer frustrated with Urbanspoon's iPhone app
· Roundup: Alerts.com, WidgetBucks, E3, etc.
· Entrepreneur mulls clean tech incubator
RSS/Web feeds (help)
Blogs
· Business 2.0
· Business Week
· Don Dodge
· Feld Thoughts
· Paul Kedrosky's Infectious Greed
· John Ludwig
· Om Malik
· Market Velocity
· MocoNews.net
· Rain City Real Estate
· Rational Exuberance
· Seattle 2.0
· Steve Hall
· Silicon Valley Watcher
· Martin Tobias
· VentureBeat
· VentureBlog
· Venture Chronicles
· Who Has Time for This?
· Xconomy
Publications
· CNet News.com
· Private Equity Week
· Red Herring
· Corante
Organizations
· NW Entrepreneur Network
· Nat'l VC Assn.
· WSA
· Seraph Capital Forum
· Technology Alliance
Other VC links
· Topix.net VC News
· PWC MoneyTree Survey
· VentureOne
Seattle startup bloggers
· Avvo
· Marcelo Calbucci of Sampa
· Cleverset blog
· Mike Davidson of Newsvine
· Farecast blog
· Jobster blog
· Greg Linden
· LiquidPlanner
· Kevin Merritt of Blist
· Mpire
· Robert Pease of MessageGate
· Pluggd blog
· Redfin blog
· RescueTime
· Andy Sack
· Kelly Smith of Curious Office Partners
· David Xue of PixPulse
· Zillow blog
· WhitePages.com
| Company | Amount raised |
| Week of July 14 | |
| Adapx | undisclosed |
| Light Sciences | $40 mil. |
| Week of July 7 | |
| Atomic Moguls | $1 mil. |
| DepotPoint | $7 mil. |
| DocVerse | $1.3 mil. |
| Xeround | $16 mil. |
 Previous weeks | |
| Company | # of layoffs | |
| Zango | 68 | |
| Entellium | 10 | |
| SecondSpace | 8 | |
| Talyst | 11 | |
| Lumera | 29 | |
 Complete list | ||
Pacific Northwest venture capital and equity firms
Classmates (Canceled)
Clearwire (Priced March 7 2007)
First Financial Northwest (Priced Oct. 2007)
Imperium Renewables (Up to $345 million)(Delayed)
Intelius ($143 million filed Jan. 2008)
Light Sciences Oncology (Canceled)
Omeros ($115 million filed Jan. 2008)
Symetra (Up to $750 million) (Delayed)
Tully''s Coffee (Up to $50 million)(Delayed)
Venture Financial (Up to $46 million) (Delayed)
Varolii (Up to $86 million)(Canceled)
· Venture capitalists still investing at steady pace
· VC investment hold steady in 2Q at $7.4 billion
· Venture capitalists still investing at steady pace
· VC investment hold steady in 2Q at $7.4 billion
· Google shares plummet after disappointing earnings
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