Business Week reports that four-month-old SingShot Media, of San Francisco, has raised $1 million in February from Transcosmos Investments, the VC arm of the Japanese IT outsourcing firm.

Singshot is still in stealth, but describes itself as an Internet-based talent platform centered around karaoke.

Founders/directors Ranah Edelin, Niranjan Nagar, and Sean Ryan were execs at Listen.com, which built the Rhapsody music service and was bought by Real Networks, Inc. in 2003 for $36 million.