LA-based startup Chromatik has raised $5.7m of a planned $8.8m Series A funding round, with actor Will Smith among the investors. PandoDaily reports that the round is led by Rustic Canyon Partners, with Plus Capital, 500 Startups and Baroda Ventures all chipping in. Chromatik’s business is based around its iPad and mobile web apps for musicians, providing downloadable sheet music, the ability to make notes, record playing and then share the results with other users. Chromatik first came to our attention a year ago when it announced a $1.1m seed-funding round and secured a deal to be used by American Idol’s house band while still in private beta (Bulletin, 3-May-12). Earlier this year, it was said to be being courted by big VC firms like Khosla Ventures, Kleiner Perkins, Union Square Ventures and Andreessen Horowitz (Bulletin, 2-Jan-13). Judging by today’s news, none of them have committed to the round yet.
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Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…