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Shazam Claims Billion-Dollar Valuation After Investment

  • The Times, Thursday, January 22, 2015 6:50 AM

It began more than a decade ago as a mobile phone gimmick for identifying catchy tunes when you were out and about. Now Shazam says that it is worth a billion dollars after closing a deal with three new investors. Only a handful of British technology companies have reached a $1 billion valuation and news of Shazam’s latest fundraising has attracted the sort of buzz usually  reserved for start-ups in Silicon Valley.

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