EverTune, a Los Angeles, CA-based company developing a patented technology that keeps guitars strings in tune forever, received $800,000 in seed funding.
Investors include music industry insiders and veterans Dave Weiderman and Mark Chayet, William Quigley of Clearstone Venture Partners, and Brock Pierce.
Weiderman, Quigley and Pierce will act as directors, and Chayet as CEO.
This capital infusion will enable the company to produce and commercialize its technology.
FinSMEs
25/05/2010