Shazam puts mobile music on the map, the plate and in pockets

Two days ago at Mobile Monday London  Shazam said that it was the first to make money from location. Now…

It has announced 50 million around the world use Shazam and that is an increase of 15 million users since Feb 2009.

Plus:  Shazam is also announcing a strategic investment from Kleiner Perkins Caufield and Byers who has an unparalleled track record in assisting digital consumer businesses such as Google and Amazon to become market leading global enterprises.

From the press release:
“This milestone and the backing of KPCB is a testament to both the success and enormous potential of Shazam,” said Andrew Fisher, CEO of Shazam. “Not only are significantly more people around the world accessing the service every day, they are using it with increased frequency, discovering and acquiring new music and sharing their discoveries with friends all from their mobile phones.

“Shazam is profitable and experiencing sustained acceleration in its growth rate. We are delighted to be partnering with KPCB, who join our existing investors Acacia Capital and DN Capital and will help us execute against the significant market opportunity ahead.”

What we think?
From the moment Shazam helped me win a pub quiz in Germany about 2 years ago – I have been a huge fan. It has built a strong brand for itself without over-hype and actually the growth of the company itself is a business case for students of mobile to follow.