TakeLessons inks $4m venture capital round


TakeLessons, an online service marketplace for music lessons in the US, has completed a $4m round of venture capital financing, bringing the total investment into the company to more than $12m.

Palo Alto–based Triangle Peak Partners led the round with participation from Siemer Ventures and existing investors Crosslink Capital and SoftTech VC.

Steven Cox, TakeLessons’ founder and CEO said, “This new investment will aid our continued growth and leadership in the music space and will fuel our platform expansion into new marketplaces, including tutoring and the other performing arts.”

The capital from this round will be invested in product development, the company said.

Triangle Peak focuses on technology, energy, and alternative energy across venture capital and private equity strategies.

Copyright © 2013 AltAssets