Splice gets $55 million for its software bringing beats from bedrooms to bandstands – TechCrunch
Splice gets $55 million for its software bringing beats from bedrooms to bandstandsSplice, 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. “With 4 million users, Splice is at the forefront of this transformation and is beloved by the creator community. In addition to the financing, Splice also nabbed Kakul Srivastava, the vice president of Adobe Creative Cloud Experience and Engagement as a director for its board. “My job is to keep as many people inspired to create as possible,” Splice founder and chief executive Steve Martocci told TechCrunch. It’s another win for the serial entrepreneur who famously sold his TechCrunch Disrupt Hackathon chat app GroupMe to Skype for $85 million just a year after launching.