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Music Mastermind Raises $4.85M

Los Angeles-based Music Mastermind, a firm which develops music creation products, said this week that it has raised $4.85M in Series A funding. Source of the new funding was not disclosed. The firm said it was co-founded by Virgin Records America CEO Matt Serletic and Wall Street trader Bo Bazylevsky. The firm said the new funding will go towards product development.