Since earning over $6 million in its Series A level of funding from European VC firm Industrifonden, Swedish music recording software system Soundtrap has moved on to its second round of funding in hopes to expand its cloud-based product to newer markets. So far, Soundtrap has managed to retain $6 million in its latest round, which had already received funding from former Spotify COO and CFO Peter Sterky.
Per Emanuelsson, co-founder and CEO of Soundtrap, writes; "Our vision is for Soundtrap to be the go-to platform for everyone, everywhere, to collaborate around music making and creative audio production across any device. As we enter new markets in the education and consumer sectors, we have our sights set on accelerating our first mover advantage in product and business development. We recently signed a North American distribution agreement with SYNNEX Corporation."
The news comes month after Google announced that Soundtrap would be one one of the three apps selected for its Creative Apps For Chromebook bundle, specifically for educational purposes. Head to the official Soundtrap website for more information on the service.