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Thursday April 24, 2014

Turntable.fm Chooses Union Square Ventures as New Investor

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Image by ChrisLTD via Flickr

According to BetaBeat, Turntable.fm has chosen Union Square Ventures as their new big investor. The company has reportedly received a $7.5 million round at a $37.5 million valuation. Union Square Ventures was chosen over Kleiner Perkins and Accel who both have connections with Facebook.

Turntable’s decision was motivated mostly by which VC could connect them to the best talent.

BetaBeat