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Shazam surpasses 50 million global users |
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Written by CB Team
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Wednesday, 14 October 2009 |
 Shazam has announced that more than 50 million people around the world have now used the Shazam service, an increase of 15 million users since February of this year.
The milestone signifies just how popular the music discovery service has become which is now live in more than 150 countries. Shazam is also announcing a strategic investment from Kleiner Perkins Caufield and Byers who has an unparalleled track record in assisting digital consumer businesses such as Google and Amazon.
Shazam allows you to hold up a mobile device towards a song as it is playing and then gleam info about the track. The company has seen explosive growth since launching on the iPhone 3G in the summer of 2008 with its application being downloaded more than 10 million times on the iPhone App Store as well as being amongst the highest downloaded applications on BlackBerry App World, Nokia’s Ovi Store and Google’s Android Market.
In all cases, Shazam is consistently rated among the most popular applications on each respective platform. The company recently won the Mobile Entertainment Award for Best Music Services Provider 2009.
“We’re delighted to be leading this round of financing for Shazam. Their iconic application is among the most popular and sticky in the mobile industry,” said Matt Murphy who led the investment for Kleiner Perkins and manages the iFund. “We’ve met hundreds of companies and received thousands of mobile app business plans, but none have distinguished themselves on par with Shazam. We’re still in the early days of the mobile application phenomenon and Shazam’s leadership in the massive mobile entertainment and discovery category, positions them to be at the forefront as it evolves.”
The KPCB investment is being made from its iFund and will enable the company to continue to expand accessibility of the service around the world by continuing to develop applications for additional mobile platforms and in multiple languages.
Shazam
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Last Updated ( Wednesday, 14 October 2009 )
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