Pop culture social media site Buzznet has raised around $25 million in third-round funding, industry blog paidContent is reporting. Universal Music-owned Interscope reportedly contributed to this
latest round.
Last year, Buzznet raised roughly $6 million in a round led by Redpoint Ventures and Anthem Venture Partners.
Like MySpace in its early days, Buzznet is focused
on musicians and music culture, with typical offerings of blogs, videos, and photo-sharing features.
--Gavin O'Malley