moodSeer™ Obtains Second Round of Funding from Cibola Venture Capital, LLC
Denver, CO (March 13, 2008) – Magic Home Entertainment, LLC, the makers of moodSeer – the music server that discretely matches your music with your mood, announced today that Cibola Venture Capital, LLC, completed a second round of funding for an undisclosed amount.
Founded in 2005 by Gregory Grubbs and Rochelle Grubbs, Magic Home Entertainment’s premier product, moodSeer, is designed to provide instant access to your music collection, no matter how large or small. Music aficionados no longer need be frustrated with the experience of searching for CDs. Using the intuitive graphical user interface, moodSeer is a product designed to work the way you think. Completely flexible control options include Magic Home Entertainment’s own control, the moodBeamer; integration with popular home automation systems such as AMX®, Crestron® and others; or browser based devices such as home computers or an iPhone or iPod touch!
“We are pleased that consumers and the industry have embraced the uniqueness of our moodSeer product,” said Gregory Grubbs, chief executive officer for Magic Home Entertainment. “We are proud to have our funding opportunity recognized and backed by such an innovative firm as Cibola Venture Capital. We look forward to setting revenue records in 2008 and will be announcing additional key industry alliances in the coming months.”
“We review numerous business plans and see product offerings of all types. When we reviewed the trend setting moodSeer product and their plans, we recognized the potential market growth and upside,” said Steven Sponseller, managing member for Cibola Venture Capital, LLC. “We are proud to be working with Magic Home Entertainment and look forward to exploring additional opportunities in the future.”
About moodSeer
MoodSeer is the premiere product of Magic Home Entertainment, a Colorado based company providing quality home audio products. The moodSeer product is the world’s first and only luxury home audio device that allows you to discretely match your music with your mood. The technologically advanced product determines the mood of music. You simply selec the mood you are in and enjoy. This sophisticated system is designed for the music aficionado. The moodSeer systems are currently available domestically and have received rave reviews from consumers across the United States. For more information please contact Sheila Stewart at sstewart@SheilaStewart.com or www.moodSeer.com.
About Cibola Venture Capital, LLC
Cibola Venture Capital, LLC is a private equity fund that follows a value-oriented investing approach. Cibola Venture Capital, LLC is organized as a New Mexico limited liability company. For more information please contact Steven Sponseller at steve.sponseller@gmail.com.
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