Tech Company Financing Transactions
BandLab Funding Round
BandLab secured a $25 million Series B financing round on 5/23/2023. Investors included Cercano Management and Prosus Ventures.
Transaction Overview
Company Name
Announced On
5/23/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Cercano Management (Lead Investor)
Proceeds Purpose
The new funding will be used on hiring and developing new music creation tools, as well as initiatives like BandLab for Education. Kuok said BandLab Technologies isn't sharing exactly how many people it will be hiring, but it plans to expand its team globally, from engineering and development roles to artist engagement and marketing.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
12 Jalan Kilang Barat
Singapore, 159354
Singapore
Singapore, 159354
Singapore
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
BandLab is a social music platform that enables creators to make music and share the creative process with musicians and fans. With a global community of creators and fans, BandLab combines music making and collaboration tools like the world's first cross-platform DAW, with social features like video sharing, messaging and discovery.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Meng Kuok
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