Splice has raised $35m in funding and has paid artists $5m in revenue since it began operating in 2013. The music creation platform and sample-sharing service allows users to collaborate, share sounds and preview individual samples one by one, purchasing them using special Credits.
The company also offer the ability to ‘Rent-to-Buy’ plugins, essentially paying for them in instalments, including iZotope’s Ozone 8 and Xfer Records Serum. The new funding announcement comes off the back of big-name partnerships with the likes of Marshmallow, Jimmy Edgar and Amon Tobin as well as a remix competition with Deadmau5 and tutorials with KSHMR.
Splice CEO and co-founder Steve Martocci said “Our vision is big: to transform the way musicians create and collaborate, to foster a culture of openness in music, and to uncover new revenue streams for artists through artist-to-artist marketplaces." Head over to Splice to get involved.