BandLab Raises US$53M in Funding
- BandLab, a Singapore-based social music creation platform, raised US$53m in funding
- The round, which results in a post-money valuation of US$303m, was led by Vulcan Capital with participation from K3 Ventures
- The company intends to use the funds to expand its team and its platform to stimulate the creator economy and reach music creators worldwide
- The platform is a free, cross-platform music creator ecosystem that supports anyone, anywhere, on any device
- The platform supports creators of all kinds of sophistication levels, from first-time creators to producers, much as workplace productivity tools support businesses large and small
- The company is the flagship product of BandLb Technologies, which also includes professional-level digital audio workstation, Cakewalk
