PALO ALTO, Calif. & STOCKHOLM--(BUSINESS WIRE)--Soundtrap, (www.soundtrap.com) a hot new competitor to Apple’s Garageband, has seen blistering early growth accompanied by an additional $1.5 million (U.S.) in funding along with early recognition by the American Association of School Librarians. The company is the first online music and audio recording studio enabling collaboration between people from all over the world across a multitude of devices including iPads, Android devices, Chromebooks, and Mac and Windows platforms. With Soundtrap, users only need a browser to record a tune or podcast together with others across multiple platforms -- a first-of-its-kind capability. See video: https://www.youtube.com/watch?v=xheoUkbyhE4
Soundtrap released its beta product at the end of 2013, followed by the official version in June 2015. ”We've grown organically from 20,000 users in January 2015 to a quarter of a million users now in November,” said Soundtrap CEO and co-founder Per Emanuelsson. “We now have users in 200 countries and have also become a Google for Education partner since June this year.”
Such early success just attracted the new round of financing, bringing the total to date to $2.5 million. New investors include the well-known startup angel Magnus Bergman, an early investor in Truecaller and Prezi. He joins existing investor Lars Bergström who are both taking the lead in the round.
“Soundtrap's eclectic team of technologists, designers and music producers have created the best collaboration platform for making music online. I'm very impressed by the founders and the team’s competence to develop the next Swedish Unicorn, following giants like Spotify, Skype, King, Klarna and Mojang,” said Bergman.
Also getting onboard as private investors in this round are Kristoffer Melinder, Joakim Karlsson and Ulf Rosberg from Nordic Capital together with strategic investors from Scandinavia and the United Kingdom.
Soundtrap was just named “The Best Website for Teaching & Learning 2015” by the American Association of School Librarians. Soundtrap is being used in over 1,000 schools. To read more visit: http://journal.soundtrap.com/news/