Splice gets $55 million for its software bringing beats from bedrooms to bandstands
Splice, the New York-based, AI-infused, beat-making software service for music producers created by the founder of GroupMe, has managed to sample another $55 million in financing from investors for its wildly popular service.
The GitHub for music producers ranging from Hook N Sling, Mr Hudson SLY, and Steve Solomon to TechCrunch’s own Megan Rose Dickey, Splice gained a following for its ability to help electronic dance music creators save, share, collaborate and remix music.
The company’s popularity has made it from bedroom DJs to the Goldman Sachs boardroom as the financial services giant joined MUSIC, a joint venture between the music executive Matt Pincus and boutique financial services firm Liontree in leading the company’s latest $55 million round. The company’s previous investors include USV, True Ventures, DFJ Growth and Flybridge.