Deezer Raised €6.5M to Fund Growth

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Deezer, one of the the most popular music site in Europe, raised €6.5m in a second financing round led by AGF Private Equity and CM-CIC Capital Prive.Guillaume Lautour, partner of AGF Private Equity, will join the company’s board of directors.The funds will be used to further develop the business in all European countries.In addition, Deezer has also announced the creation of Odyssey Music Group (OMG), a parent company that will support production activities and some technological developments, especially those linked to mobility.FinSMEs 12/10/2009

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