Music social network MOG closed a $5 million investment round, led by Menlo Ventures, bringing the company's total funding to $12.5 million. CEO David Hyman hinted that the new cash infusion will be used to expand the site to a more robust music listening experience. Earlier this year, MOG ended its relationship with Rhapsody that allowed users to stream full songs on demand, and has yet to replicate the experience.

Tagged