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Shazam! A $40M Shot In Arm From Carlos Slim

  • Gigaom, Monday, July 8, 2013 2:59 PM

Music and content recognition company Shazam has raised $40 million from Latin American telecom giant America Movil, the companies announced on Monday. Along with the investment, Shazam and America Movil are creating a strategic business unit that will focus on growing the music and content recognition business across countries like Mexico, Brazil, Chile, and Argentina.

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