Swedish cloud-based music and audio recording platform Soundtrap has raised $6m 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 version of its browser-based app has been taken up by more than 3,000 schools. The company is also working with Spotify to offer an online streaming service for teachers that will be available on both platforms.
Swedish cloud-based music and audio recording platform Soundtrap has raised $6m 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 version of its browser-based app has been taken up by more than 3,000 schools. Soundtrap will use the funding to drive international growth, and expand its reach in "consumer and education markets".