Tag: funding

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After 500m app downloads, Gismart kicks off external investment with Jambl

British music-apps developer Gismart has quietly become one of the bigger firms in the apps world, with more than 500m downloads of its products – which include Beat Maker Go, Piano Crush and DJ It. Now the company is...
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Songwriting duo Stargate invest in social music app Voisey

In June, Music Ally reported on a new social-music app called Voisey, which we described as “Smule’s Sing! Karaoke meets TikTok”. It had just raised a funding round from investors including management firm ie music’s...
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WMG-backed Artiphon launches Kickstarter for Orba instrument

Artiphon is one of the startups making new kinds of musical instrument, raising $1.3m from a Kickstarter crowdfunding campaign back in 2015 to make its first device, the Instrument 1. Then, in March 2019, the company raised...
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Big-data startup Audigent raises $6.7m Series A funding round

Startup Audigent has raised a $6.7m funding round for its business as a ‘first-party data platform’ for entertainment, sports and lifestyle clients. The investors include some familiar names too: Warner Music Group...
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Audio-tech startup Accusonus raises $3.3m funding round

Greek startup Accusonus has raised a Series A funding round of $3.3m, which the five year-old company will use to continue developing its “human-friendly audio software”. That means tools that use machine-learning technology...
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Ticketing exchange Lyte announces a $15m funding round

Here’s a new buzzphrase for the live-music industry: ‘post-primary ticketing’. What’s that? According to ticketing firm Lyte, it’s “private label ticketing services offered to fans by the most iconic sports and...
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Music-for-gaming startup Five Vectors raises $1m funding round

A startup hoping to forge more links between the music and esports industries has raised a $1m seed funding round. The company is Five Vectors, and its business is focused around working with artists to create original...
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Warner Music Group invests in CryptoKitties maker Dapper Labs

At the NY:LON Connect conference this January, Warner Music Group’s Jeff Bronikowski talked about WMG’s startup investments “in sectors we want to learn about… it’s more about learning about sectors and adjacent...
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Alibaba reportedly buying a 20% stake in NetEase Cloud Music

Big moves are afoot in China’s music-streaming world, with reports that tech giant Alibaba is acquiring a 20% stake in NetEase Cloud Music, as part of a wider $2bn investment in the latter’s parent company NetEase. MBW suggests that...
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Music/tech VC firm DBTH Capital raises a €35m fund

The latest company hoping to make a splash in the music/tech investment scene is DBTH Capital, whose founding partner is veteran music executive Virginie Berger. It’s got some money to make that splash too. “Happy to...
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Warner Music Group talks startups, technology and investment

In Music Ally's latest analysis report, we take a look at the three major labels' strategies around music/tech startups and investment. The full report is for Music Ally subscribers only, but you can sign up for a free trial,...
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Production-music startup Soundstripe raises $2m

It feels like a matter of months since we were writing about Nashville production-music startup Soundstripe raising a $4m funding round… mainly because it IS just a matter of months. That round in May 2019 is now being...