![]() ![]() It adds that the Soundtrap service will continue to operate as usual. "Soundtrap's rapidly growing business is highly aligned with Spotify's vision of democratizing the music ecosystem," reads a statement from Spotify announcing the acquisition. Swedish producer and composer Andreas Carlsson and Truecaller founders Alan Mamedi and Nami Zarringhalam have also put money into the business. Work on your projects wherever you are on almost any device, everything is stored. Collaborate remotely with anyone, in real-time, using the chat in the studio. ![]() Make music with hundreds of software instruments and thousands of high-quality loops, or record podcasts easily. Peter Sterky, former CFO and COO of Spotify, was among the investors. Soundtrap is an online, collaborative music and podcast recording studio. In 2016, the company secured $6 million in funding to accelerate product development and expand to new markets. The company, which has a subsidiary office in Silicon Valley, doesn't reveal subscriber numbers, but it claims to be used "by millions of creators as well as thousands of schools around the world." Stockholm-based Soundtrap was founded in 2012 by Per Emanuelsson, Björn Melinder, Gabriel Sjöberg and Fredrik Posse and bills itself as the "world's first web-based, cross-platform collaborative music recording studio."Īfter a period of beta testing, the platform was formally launched in June 2015 and rolled out its education version, aimed at schools and colleges, the following year.Īs well as a free-to-use 'Basic' version, Soundtrap operates a number of pricing tiers, ranging from $5.99 per month for a 'Pro' subscription to $17.99 per month for the 'Supreme' service, which offers users access to over 460 virtual instruments, 3330-plus loops, autotune and high quality downloads. Spotify has acquired online recording and production studio platform Soundtrap for an undisclosed sum. ![]()
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