Stories by Lessley Anderson

Hummer Winblad to Fund Napster

Amid a maelstrom of lawsuits and public debate, the file-sharing music service Napster is expected to close its first round of venture financing over the weekend, sources say. Hummer Winblad, a top-tier VC firm, is heading the financing, sources say. The total amount and identity of other investors wasn't available at the time of publication. Executives at Hummer Winblad and Napster did not return calls for comment.