mTraks Launches Music Community

San Diego-based mTraks, a new startup focused on the online music marketplace, has officially launched the company's beta website. The angel-backed startup's CEO, Dey Martin, told socalTECH Tuesday that it has raised $550,000 from a consortium of private angel investors. The new site offers a community focused on independent record labels and music acts, and is looking to offer DRM-free, unrestricted music tracks to users. the firm said that it has a catalog from over 6,000 independent record labels and 750,000 songs licensed from labels worldwide; the company also is offering bands and artists with their own web pages. More information »