New hip-hop startup Global Grind gets $4.5M funding

What’s with the hip-hop industry these days, anyway?

Just recently, hip-hop network Loud.com got equity investment from Universal Music. Then MySpace and XM Radio launched a hip-hop talent search. Now here’s a new startup, Global Grind, that allows you to stay updated on what’s happening in the hip-hop world.

Said to work just like Netvibes, New York-based Global Grind allows users to collaborate feeds, widgets, photos, maps, music formats, and other hip-hop content in one platform. While it’s still in private beta, Global Grind was reported to have gotten $4.5 M in funding led by Accel Ventures. Global Grind’s design doesn’t look hip-hop-ish to me at all, in fact, it looks almost like other content aggregators out there.

With thousands of online projects and web startups sprouting for specific niches, it looks as if the hip-hop community has been getting a lot of positive attention lately. Here’s to hip-hoppers out there, yo.

Originally posted on August 20, 2007 @ 12:13 pm