Musical.ly raising $100 million at $500 million valuation for social music videos

 Musical.ly, the app that makes it easy to create music videos, is in the process of raising about $100 million in funding, at around a $500 million post-money valuation, TechCrunch has learned. The details are still being finalized, but the plan is for GGV Capital and Qiming Venture Partners to co-lead the round, with participation from Greylock Partners and DCM. Headquartered in… Read More

from Social – TechCrunch http://ift.tt/1s0OBCE Musical.ly raising $100 million at $500 million valuation for social music videos Katie Roof http://ift.tt/1O3LJyp
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