Baidu invests in Israeli music technology start-up Tonara

April 14, 2015 9:00 AM

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TEL AVIV, April 14 (Reuters) - Music education technology company Tonara said on Tuesday it raised $5 million in a funding round led by China's dominant search engine Baidu and Israel's Carmel Ventures.

Baidu's investment and partnership will accelerate Tonara's growth, particularly in China, the world's largest music education market, the Israeli company said.

Also read: RBC: Apple is beefing up its music service as it continues to battle Spotify (AAPL)

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