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July 8, 2013 03:07 am GMT

Shazam Pulls In $40M From America Movil To Take On Latin America

1001f_shazam_12pShazam, best known for its music recognition app and platform which has become a global success, has raised $40 million in new funding from America Movil, the largest wireless carrier in the Americas and will now for a strategic collaboration to push out in LatAm, involving pre-loading Shazam onto devices. The last funding round for the UK-based company was $32 million in 2011. AMX is the leading provider of wireless services in Latin America. As of March 31, 2013, it had 262.9 million wireless subscribers and 65.3 million fixed revenue generating units in the Americas.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QU2DK_sCOME/

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