musicube: Raises $560K in Funding
- musicube, a Hamburg, Germany-based provider of advanced artificial intelligence (AI) solutions for the music industry, raised $560k in funding
- The round was led by Holger Hübner, co-founder of the Wacken Open Air, one of the world’s largest Metal festivals
- The company intends to use the funds to expand into the U.S. market and deliver scalable solutions for the music streaming market
- The company provides a suite of music AI solutions that deliver rich metadata for music labels, publishers, rights holders, and others who seek tools to enable discoverability or to discover nuances within music data
- The technology generates more than 500 tags (moods, instruments, and more) for more than 47 million songs using its audio analysis AI
- Customers include Sony Music, Budde Music Publishing, Music Promotion Network (MPN), and PHONONET, among others
