[UPDATED] Online music and audio recording studio Soundtrap has raised $6 million in funding to accelerate product development and to bring its popular cloud-based platform to new markets.
The Soundtrap $6 million Series A round was led by Nordic VC firm Industrifonden, with participation from existing owners and additional new investors including Peter Sterky, former CFO and COO of Spotify.
“Our vision is for Soundtrap to be the go-to platform for everyone, everywhere, to collaborate around music making and creative audio production across any device. As we enter new markets in the education and consumer sectors, we have our sights set on accelerating our first mover advantage in product and business development. We recently signed a North American distribution agreement with SYNNEX Corporation, ” says Per Emanuelsson, co-founder and CEO, Soundtrap.
Founded in 2012 in Stockholm, Sweden, Soundtrap is also an official Google for Education Partner and is one of three companies selected for Google’s “Creative Apps for Chromebook” bundle, a program launched by Google in June 2016.