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Music licensing platform WavMaker launches with $5m seed funding

admin by admin
March 20, 2024
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Music licensing platform WavMaker launches with $5m seed funding
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WavMaker, a brand new music licensing platform devoted to video creators, has launched with $5 million in seed funding led by Vicky Patel, a principal at Nashville document label Wavy Information and co-founder of Monarch Media. 

The startup says it seeks to assist video creators streamline the method of discovering high-quality music for video tasks by providing a curated library of songs cleared for industrial use.

Based by music trade and SaaS veterans Matt Arcaini, Mark Stuart, and Caleb Grimm, WavMaker boasts a mixed 50+ years of expertise within the discipline. The founders have a number of Grammy wins and nominations underneath their belt, together with practically 20 million social media followers. This background positions them to “perceive the distinctive challenges creators face in licensing music for his or her content material,” in accordance with a press launch on Wednesday (March 20).

“As a musician and creator myself, I perceive the fixed wrestle to search out reasonably priced, high quality music for video content material,” stated WavMaker CEO Matt Arcaini. “Sifting via a platform to search out the fitting music might be irritating and restrict creativity.”

“As a musician and creator myself, I perceive the fixed wrestle to search out reasonably priced, high quality music for video content material. Sifting via a platform to search out the fitting music might be irritating and restrict creativity.”

Matt Arcaini, WavMaker

“We created WavMaker to supply creators and musicians a mutually helpful and frustration-free answer. Our platform frees creators from worrying about buying high-quality music and permits them to give attention to producing unimaginable content material. Musicians have a brand new outlet for his or her music. It’s a win-win for all.” 

Vicky Patel – the lead investor in WavMaker’s seed spherical, by way of Monarch Media – brings 20 years of expertise in Silicon Valley and experience in media and know-how. Patel’s funding can be used to additional develop WavMaker’s capabilities, develop the group, and improve buyer outreach, the startup stated.

“Our group has put great care into constructing an intuitive consumer interface that makes discovering and buying high-quality music simpler than ever,” stated Jack Whitis, CTO of WavMaker. 

“Our platform abstracts away the inherent complexity of music licensing and makes discovering the fitting music a part of the artistic course of. We’re continually attempting to place ourselves within the creator’s sneakers and anticipate the issues which may decelerate their workflow.”

Jack Whitis, WavMaker

“Our platform abstracts away the inherent complexity of music licensing and makes discovering the fitting music a part of the artistic course of. We’re continually attempting to place ourselves within the creator’s sneakers and anticipate the issues which may decelerate their workflow. I’m pleased with what we’ve achieved in a short while and tremendously excited in regards to the potential for the product going ahead. I don’t really feel like there’s an issue on this area that we aren’t outfitted to deal with.” 

WavMaker affords each free and paid subscription choices. Free accounts enable customers to browse the whole music library and obtain preview audio recordsdata for testing functions. Paid subscriptions present limitless entry to music downloads for video tasks. The platform’s music catalog is consistently up to date, making certain a gentle stream of contemporary, inspiring music for creators, the corporate says.

The event marks the most recent funding within the music licensing phase after unbiased music rights administration platform Music Stories acquired Blokur, a music licensing and knowledge platform, final month.

Again in October, Common Manufacturing Music, a division of Common Music Publishing Group, launched a brand new subscription music licensing service that gives content material creators with claim-free music and sound results for on-line movies. This system options over 50,000 “top-quality tracks” and 200,000 sound results, Common Manufacturing stated on the time.

Music Enterprise Worldwide



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