June 21, 2011:we7 closes new round of funding for Euro expansion

we7 closes new round of funding for Euro expansion

Streaming music service we7 has announced an undisclosed amount of funding to fuel its expansion beyond the UK. The new cash comes from founder-investor Peter Gabriel, as well as Eden Ventures, Qualcomm and Pentech Ventures. we7 says it plans to hire new staff and launch in several European countries this year, before looking to other continents.

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