[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.
Techstars, which specializes in helping startups in a variety of sectors, is adding music to it's portfolio. Heading the effort is former Topspin and Twitter Music executive Bob Moczydlowsky. Partnering in the effort are an impressive roster of top music companies, including 2 of the 3 major label groups.
After careful consideration and many impressive entries, the winners of the SF MusicTech Summit 2016 Startup Competition have been announced. Each winner will be showcasing onstage during the Summit on Monday, October 17th. And don't forget, Hypebot readers receive discounted registration to the Summit using the code: HYPEBOT or by registering here.
Songwriters got some good news last week, but there battle is far from won. Here a co-founder of the Songwriters Of North America, Michelle Lewis. explains their decision to sue the Department of Justice, and how they're going to make it happen.
ArtistData is shutting down in October. The free service, which allowed musicians to syndicate tour dates across multiple sites and platforms, was launched by Cluster Labs co-founder Brenden Mulligan in 2008 and acquired by Sonicbids in 2010.
London based startup Dice has added $6 million in funding to expand its app which facilitates hassle free music discovery and fee-free ticketing. The Series A round was led by Evolution Equity Partners with participation from Lumia Capital and existing investors White Star Capital, Designer Fund and Kima Ventures.
Songkick has added $15 million in funding. The startup has established itself as a leader in online concert listings, thanks to partnerships with Spotify, MTV, YouTube, SoundCloud and others. But efforts to expand its artist ticketing platform have been slowed by Ticketmaster and other established players.