The funding was also participated by its array of existing and new investors which includes Peter Sterky, the former CFO and COO of Spotify. Swedish cloud - based music and audio recording platform Soundtrap has raised $ 6 m in a series A round of funding , featuring investors including Peter Sterky , the former CFO and COO of Spotify . Soundtrap launched in 2015 , and has 500,000 users in 200 countries worldwide , while the educational aspect of its cloud - based app has been picked up by more than 200 schools . Soundtrap will use the platform to drive international growth , and expand its reach in " consumer and education markets " .
Swedish cloud - based music and audio recording platform Soundtrap has raised $ 6 m in a series A round of funding , featuring investors including Peter Sterky , the former CFO and COO of Spotify . Soundtrap launched in 2015 , and has 500,000 users in 200 countries worldwide , while the educational aspect of its cloud - based app has been picked up by more than 200 schools . Soundtrap will use the platform to drive international growth , and expand its reach in " consumer and education markets " .