Zvooq is a streaming music service that provides ad-supported free and low cost music subscriptions of fully licensed music. Operating in Russia, the Ukraine and related markets that Zvooq itself notes for a high level of music piracy, Zvooq is establishing itself as the legal alternative to piracy. Though Spotify may be available in Russia as early as this fall, Zvooq has both a headstart on the region and the initial funding to do battle. Today Zvooq announced the close of a $20 million Series A round. Russian retailer Ulmart and Helsinki-based Essedel Capital led the round. From the official...

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