iOS Music App/Game Maker Smule Raises $12M In Funding

iOS developer Smule, the company behind games like Glee: Karaoke and Magic Fiddle as well as other music-based apps, has reported an additional $12 million venture capital funding. Since its founding in 2008, Smule has sold over 5 million downloads for its Magic Piano music creation app, which allows users to share songs through the Smule Sonic Network. Smule is also the company behind the popular auto-tuning "I Am T-Pain" app and virtual instruments like Ocarina. Smule has also developed more game-like music apps, including Magic Fiddle, which premiered as the top-grossing iPad app when it was launched last November, and Glee Karaoke, which allows users to share audio recordings of performances through Facebook and the web. The new funding, led by Shasta Ventures, comes on top of $13.5 million the company has previously raised. In January, Smule announced plans to double the size of its 23 person staff within the year.