14-04-2015 11:18 via uk.news.yahoo.com

Baidu invests in Israeli music technology start-up Tonara

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. In December, Baidu made its first direct investment in an Israeli start-up when it invested $3 million in video capture firm Pixellot.
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