MOG Gets $5M Equity Investment
August 28, 2009 at 6:53 AM (PT)
MOG, a music blogging network, has closed a $5 million equity financing round. The round was lead by MENLO VENTURES. Longtime investors SIMON EQUITY PARTNERS and SCOTT JONES have also invested in this round and will be joined on the board by SONJA HOEL PERKINS of MENLO VENTURES. MOG has raised $12.5 million dollars in funding to date.
"With a partner like MENLO VENTURES, MOG is in a terrific position to make a colossal impact in the online music space. We have plans to be a leader in not just editorial music content but in music listening as well," said MOG Founder/CEO DAVID HYMAN.