Music licensing startup Slip.stream has raised $3.25m in an preliminary funding spherical.
The spherical was led by Third Prime with participation from LightShed Ventures, Operator Companions, and Sprint Fund.
Slip.stream, described as a “creator protected music platform” was launched by entrepreneurs by David Carson (Fuse, Heavy.com, New Stand founder), Dan Demole (Jingle Punks founder) and Jesse Korwin (Jingle Punks CMO).
The platform gives a copyright strike protected library of over 50,000 tracks and 40,000 sound results, full of what it says is “actual music from actual artists”.
Slip.stream claims to be eradicating “the friction round music rights” and permitting creators to incorporate music of their movies and streams.
Co-CEO David Carson based Fuse music tv, the rock channel that was later offered to Jennifer Lopez’s NUVOtv for $226 million.
Carson can also be the founding father of publishing media firm, Heavy.com and New Stand, which not too long ago closed a $40m fundraising spherical.
Becoming a member of Carson additionally as a Co-CEO, Dan Demole’s music/tech background is with Jingle Punks, together with CMO Jesse Korwin, which offered to WME and Anthem Leisure.
“I’m excited to be working with the group of traders we’ve assembled – their skillset is a tremendous mixture of institutional smarts and deep entrepreneurial expertise.”
Dan Demole, Slip.stream
Co-CEO Dan Demole, mentioned: “Because the creator financial system has exploded, music rights are a serious level of confusion and frustration within the market for creators.
“Slip.stream removes that friction by making it simple for our customers to search out nice music for no matter they’re creating… a sport stream, a vlog, or a podcast… it doesn’t matter,”
“I’m excited to be working with the group of traders we’ve assembled – their skillset is a tremendous mixture of institutional smarts and deep entrepreneurial expertise.
“Additionally, it’s good to have Third Prime on our workforce once more [they funded Jingle Punks]; having of us you belief and have a shorthand with actually permits us to focus solely on rising the enterprise.”
“Slip.stream is capitalizing on the rise of the creator financial system, empowering creators to mix their video creations with a novel and various catalog of music.”
Wealthy Greenfield, Lightshed Ventures
Wealthy Greenfield, Normal Associate Lightshed Ventures, mentioned: “The creator financial system is without doubt one of the most enjoyable traits LightShed sees throughout the TMT panorama immediately, with each main tech platform now aggressively courting creators.
“Slip.stream is capitalizing on the rise of the creator financial system, empowering creators to mix their video creations with a novel and various catalog of music.”Music Enterprise Worldwide