USA, Menlo Ventures leads $5m investment in MOG

MOG, the Web’s music blogging network, closed a $5m equity financing round lead by Menlo Ventures.Long-time investors Simon Equity Partners and Scott Jones have also invested in this round bringing the total amount MOG has raised in funding to date to $12.5m.
MOG, founded in June 2005 and headquartered in Berkeley, CA receives over 8 million unique visitors per month and generates over 6,000 music blog posts per week.
David Hyman, MOG founder and CEO, was reported as saying: “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”.

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