Monday, January 28, 2008

imeem Buys Anywhere.FM

San Francisco-based imeem, which operates an online social media web site, said today it has acquired fellow San Francisco firm Anywhere.FM. Anywhere.FM operates an online digital music player and Internet radio service. Financial terms of the acquisition were not disclosed. Anywhere.FM was founded last year, and has received funding from Y Combinator. Imeem is venture backed by Morgenthaler Ventures.