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{"id":33019,"date":"2023-05-23T22:20:08","date_gmt":"2023-05-23T22:20:08","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/05\/23\/singapore-based-bandlab-technologies-raises-25m-at-415m-valuation\/"},"modified":"2023-05-23T22:20:09","modified_gmt":"2023-05-23T22:20:09","slug":"singapore-based-bandlab-technologies-raises-25m-at-415m-valuation","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/05\/23\/singapore-based-bandlab-technologies-raises-25m-at-415m-valuation\/","title":{"rendered":"Singapore-based BandLab Technologies raises $25M at $415M valuation"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/23\/bandlab-b1\/<\/a><\/br>
\nSingapore-based BandLab Technologies raises $25M at $415M valuation<\/br>
\n2023-05-23 22:20:08<\/br><\/p>\n

\n

Singapore-based BandLab Technologies<\/a>, the parent company of social music creation platform BandLab, has raised $25 million in Series B1 funding that bumps its post-money valuation to $425 million. The round was led by returning investor Cercano Management (formerly Vulcan Capital), with super-pro rata participation from Prosus Ventures.<\/p>\n

The new funding adds to BandLab Technologies\u2019 $65 million Series B, which it raised at a $315 million post-money valuation and announced in April 2022<\/a>. The company is the digital division of Caldecott Music Group<\/a>, which also includes Vista Musical Instruments and NME Networks.<\/p>\n

In total, BandLab Technologies has 60 million registered users. BandLab\u2019s suite of features include a digital audio workstation called Studio, royalty-free sample and loops service Sounds and AI music generator tool SongStarter. BandLab Technologies\u2019 other properties are Cakewalk, a digital audio workstation for professional musicians, ReverbNation, a professional services site for indie musicians and producers, and beat marketplace Airbit.<\/p>\n

The new funding will be used on hiring and developing new music creation tools, as well as initiatives like BandLab for Education.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/05\/23\/bandlab-b1\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/23\/bandlab-b1\/ Singapore-based BandLab Technologies raises $25M at $415M valuation 2023-05-23 22:20:08 Singapore-based BandLab Technologies, the parent company of social music creation platform BandLab, has raised $25 million in Series B1 funding that bumps its post-money valuation to $425 million. The round was led by returning investor Cercano Management (formerly Vulcan Capital), with super-pro rata participation […]<\/p>\n","protected":false},"author":1,"featured_media":33020,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-33019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nSingapore-based BandLab Technologies raises $25M at $415M valuation - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/05\/23\/singapore-based-bandlab-technologies-raises-25m-at-415m-valuation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Singapore-based BandLab Technologies raises $25M at $415M valuation - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/05\/23\/bandlab-b1\/ Singapore-based BandLab Technologies raises $25M at $415M valuation 2023-05-23 22:20:08 Singapore-based BandLab Technologies, the parent company of social music creation platform BandLab, has raised $25 million in Series B1 funding that bumps its post-money valuation to $425 million. 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