Shazam raises $32 million, targets television

Shazam, the music service that allows users to identify music through their smartphones, has raised $32 million and is targeting televisions for future growth.

The company announced yesterday it had raised the money from Kleiner Perkins Caufield & Byers, and Institutional Venture Partners.

“Shazam has experienced incredible growth over the last year and established itself as the ultimate mobile App for media discovery and interaction,” KPCB partner Matt Murphy said in a statement.

 “The recent additions of Shazam Friends, synchronized lyrics in LyricPlay, and Shazam for TV are just the start to expanding the functionality of a magical technology.”

The company wants to allow users to identify commercials and other brands through the app, and then provide users with more related content.

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