tunesBag is an Austrian music-sharing startup offering a cloud-based iTunes-like service that syncs local music libraries to a variety of devices. The platform recently added Dropbox integration, allowing users to sync tracks to Dropbox for streaming via tight API integration. The company has raised €250,000 through a government fund and an undisclosed investor. tunesBag says it will use the new funding for product extensions to enable users' libraries to be used and listened to on multiple devices such as car stereos, TVs and the desktop. It also plans to move to Silicon Valley's Plug and Play Tech Center to establish strategic US partnerships. The startup is operating in a crowded market with competitors like Spotify and potential entrants such as Apple, making its ambition to become the default web music player ambitious given its relatively small funding.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2011