Shazam: from text-based service to $1bn app in 15 years

Call a company “Shazam”, and it needs to be doing something magical. Last week, the 15-year-old British business managed that, at least in part: a $30m (£19.9m) investment for just under 3% of its shares. That meant it became one of only half a dozen UK technology startups valued at $1bn or more – joining Powa, Wonga, Monitise, Zoopla and,

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