The echonest gets $500,000 for:

This grant will help us provide an even deeper understanding of music fans to a wide array of online music companies — from social networks and bloggers to webcasters and paid music services.” said Dr. Tristan Jehan, co-founder of The Echo Nest.

I wish they’d do something with Capers and Palm OS personally, but I’m guessing that it won’t be a big priority for them for time being.

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