iPhone App Hit-Maker Smule Raises $8 Million

Smule, maker of hit iPhone apps like “I Am T-Pain,” has raised $8 million in a new venture round.

The round, led by Shasta Ventures, brings Smule’s total financing to $13.5 million, according to Moconews.

Smule plans to use the money to help develop the “Smule Sonic Network,” which will boost all of the company’s apps.

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