Music Mastermind has closed $10.8 million Series B funding round led by Intel Capital and Liberty Global $6.8 million. Angel investors added $4 million. Music Mastermind says it will launch its create‐and‐share its consumer music platform later this year.
Music Mastermind was founded in 2007 by Matt Serletic, former Virgin Records Chairman/CEO and Bo Bazylevsky, the former Global Head of Emerging Markets Corporate Trading at J.P. Morgan.Music Mastermind is the developer of SoundBetter, and audio processing suite at the core of its upcoming consumer‐focused platform which thecompany says "eliminates the traditional effort required to make music…allowing anyone to instantly create, publish, and distribute their own music."