TuneSat Raises Funds

NAME THAT TUNESAT: Believe it or not, venture capitalists are still investing in the music space, which is showing an uptick since the start of the year. Keep an eye on TuneSat, which just attracted a healthy, $1.225 million round, part of a larger $3 million offering, according to SEC filings. TuneSat, with its motto "Track, Protect, Collect," specializes in monitoring television and other broadcasts for the use of copyrighted works, and just scored an impressive victory involving GEMA payouts in Germany. (4/9a)