Fanattac Gets $1M, Tackles Social Media, Music

Hollywood-based Fanattac, a developer of an online, social media platform which looks to connect music fans and artists, has raised $1M in a funding round. The firm, which is headed by Dan Faiman, did not disclose the names of the investors in the company. the firm said it is providing a "unique" social media experience for music lovers, where fans will be able to interact with artists online. The firm said it is launching via a beta at Ithaca College, and plans to expand to other college campuses over the next few months. More information »