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About

BandLab’s vision is simple: A future where there are no boundaries to making and sharing music. Founded in 2015, BandLab is the next-generation social music creation platform on a mission to break down the technical, geographic, and creative barriers for musicians and fans. Free-to-use, the mobile-first cross-platform DAW and social ...

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Meg Banich

Current News

  • 05/23/202305/23/2023

Social Music Creation Platform BandLab Amplifies Growth With New Round Valuing Company at $425M

Social Music Creation Platform BandLab Amplifies Growth With New Round Valuing Company at $425M

This additional round of investment accelerates the company’s commitment to global accessibility of music creation, artist empowerment, and development.

Singapore, May 23rd, 2023: BandLab Technologies, the Singapore-based parent company of flagship social music creation platform BandLab has announced the addition of USD $25M in a new round of Series B1 financing that raises the valuation...

Press

  • Forbes, Article, 05/24/2023, Cercano, Prosus Double Down On Kuok Family-Backed BandLab Investment As Valuation Jumps
  • TechCrunch, Article, 05/23/2023, Singapore-based BandLab Technologies raises $25M at $425M valuation
  • Billboard, Article, 05/23/2023, BandLab Raises Another $25 Million, Now Valued at $425 Million
  • Music Business Worldwide, Article, 05/23/2023, BandLab raises another $25m, valuing music creation company at $425m
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News

05/23/2023, Social Music Creation Platform BandLab Amplifies Growth With New Round Valuing Company at $425M
05/23/202305/23/2023, Social Music Creation Platform BandLab Amplifies Growth With New Round Valuing Company at $425M
Announcement
05/23/2023
Announcement
05/23/2023
This additional round of investment accelerates the company’s commitment to global accessibility of music creation, artist empowerment, and development. MORE» More»

Social Music Creation Platform BandLab Amplifies Growth With New Round Valuing Company at $425M

This additional round of investment accelerates the company’s commitment to global accessibility of music creation, artist empowerment, and development.

Singapore, May 23rd, 2023: BandLab Technologies, the Singapore-based parent company of flagship social music creation platform BandLab has announced the addition of USD $25M in a new round of Series B1 financing that raises the valuation of the company to USD $425M post-money.

Led by existing investor Cercano Management (formerly Vulcan Capital) with super-pro rata participation from Prosus Ventures, this additional tranche of capital is a significant milestone for BandLab Technologies. This builds on its previously announced Series B round in 2022 and accelerates the company’s vision to empower more creators worldwide with accessible music creation tools from mobile to desktop.

This new funding will see BandLab Technologies further grow its workforce and double down on emerging creator campaigns. This ongoing commitment to expanding the team and intensifying marketing efforts aims to advance the development of cutting-edge music creation tools while extending the company's reach and support to untapped communities of musicians and fans. BandLab will also channel additional resources towards supporting services such as leading music education platform BandLab for Education and other similar initiatives.

At the heart of BandLab Technologies' offerings is BandLab, a groundbreaking platform that empowers aspiring music creators around the world to create, collaborate, and share their music online with an emphasis on emerging artist discovery, community, and fandom. With a wide-reaching community ranging from first-time creators to viral TikTok stars to GRAMMY-winning producers, BandLab’s award-winning comprehensive ecosystem is an end-to-end creator-centric destination.

Ranked as Fast Company’s most innovative music company in 2023, BandLab’s deep array of features includes cross-platform digital audio workstation Studio, leading royalty-free sample and loops service Sounds, AI music generator tool SongStarter and more, all designed for creators to easily spark new musical ideas. The company’s vibrant ecosystem also includes leading professional-level digital audio workstation Cakewalk, artist services platform ReverbNation, and recently acquired beat marketplace Airbit. 

Since its Series B round in 2022, the company has seen remarkable milestones from its community of over 60M registered users, with groundbreaking artists such as d4vd, ThxSoMch, and Luh Tyler trending on global charts and experiencing major label success. Additionally, the introduction of direct fan subscriptions, discovery, and promotional analytics tool Boost, as well as the launch of Opportunities via Reverbnation continue to elevate the range of services available to artists at the start of their creator journey. BandLab’s commitment to bridging the gap between independent artists and labels has seen numerous hero stories and collaborations emerge, serving as an inspiration to the rapidly growing world of aspiring creators worldwide. 

"We are at a captivating juncture where technology and art intersect, bringing down the conventional barriers to creativity," says Meng Ru Kuok, BandLab CEO & Co-Founder. "In this transformative era of mass music creation, our dedication to artists, aspiring musicians, and creators worldwide has never been stronger. Not only are we democratizing music creation on a global scale, we are fostering a community where everyone can express themselves through music, irrespective of their resources or technical prowess. With this investment, we step forward into a future where every smartphone owner has the potential to be a unique music artist who is protected, empowered, and heard."

Managing Director & Head of Southeast Asia at Vulcan Capital, Tommy Teo, says, "Since our original investment, BandLab has been steadfast in demonstrating its exceptional potential in making music creation accessible and enjoyable to a global audience. BandLab's dedication to nurturing creativity and fostering collaboration among its growing community of highly-engaged users is truly unique. We believe in their vision and the power of the BandLab platform to unlock the next generation of artists and fans and to bridge the creation gap between established markets and emerging, underserved areas. As we continue our support for the company, we expect that BandLab will play a vital role in driving a vibrant future for music creators worldwide."

 

About BandLab

BandLab’s vision is simple: A future where there are no boundaries to making and sharing music. Founded in 2015, BandLab is the next-generation social music creation platform on a mission to break down the technical, geographic, and creative barriers for musicians and fans. Free-to-use, the mobile-first cross-platform DAW and social network, unites the entire creator journey into one place, boasting a suite of features and tools for creators to make music, share their music with fans, earn a living, and even top the charts.

To find out why over 60 million creators love and use BandLab, visit bandlab.com or sign up for free on the App Store or Google Play. BandLab is the flagship product of BandLab Technologies, which also includes professional-level digital audio workstation, Cakewalk, beat marketplace, Airbit, and artist services platform, ReverbNation.

 

About Prosus

Prosus is a global consumer internet company and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors. Through the Prosus Ventures team, the group invests in new technology growth opportunities within logistics, fintech, health, blockchain, social and e-commerce platforms, agriculture, and more. The team actively backs exceptional entrepreneurs who are using technology to improve people’s everyday lives. Each month, more than 2 billion customers across the globe use the products and services of companies that Prosus has invested in, acquired, or built. To find out more, please visit www.prosus.com.

 

About Cercano Management

Cercano Management (formerly known as Vulcan Capital, the investment arm of the late Microsoft co-founder Paul Allen) is a global asset manager that provides investment advisory and family office services to ultra-high net worth individuals and their families as well as their foundations, charitable organizations, and other related entities. Headquartered in Bellevue, WA, Cercano manages assets across a range of venture capital, private equity, private credit, and public equity strategies. Cercano’s Asia headquarters in Singapore focuses on early-stage private investments and has invested in over 20 companies in the region since its inception in July 2019.

 
Announcement
05/23/2023

02/01/2023, BandLab Technologies Announces Acquisition of Beat Marketplace Airbit
02/01/202302/01/2023, BandLab Technologies Announces Acquisition of Beat Marketplace Airbit
Announcement
02/01/2023
Announcement
02/01/2023
BandLab continues to expand its creator toolset and alternative revenue sources for millions of creators. MORE» More»

BandLab continues to expand its creator toolset and alternative revenue sources for millions of creators.

SINGAPORE, SINGAPORE; 1 February 2023 – BandLab Technologies, the parent company of social music creation platform, BandLab, digital audio workstation, Cakewalk, and artist services platform, ReverbNation, announced the acquisition of beat marketplace Airbit, effective today.

This acquisition expands upon BandLab’s full-service creator toolset - which includes the free, mobile-first cross-platform DAW and the AI musical idea generator SongStarter - providing artists with seamless access to all major elements of music creation, promotion, and distribution.

To date, artists have earned over $50M+ on Airbit, with over 2M+ beats sold. The platform boasts a catalog of more than a million beats from notable producers around the world, as well as emerging beatmakers, providing services for musicians to build sustainable communities and careers. The acquisition expands the audience for current Airbit producers to millions of new customers around the world.

Airbit users will continue to enjoy uninterrupted services and can expect a seamless integration of Airbit’s features into BandLab’s creator platform in the near future. As part of the deal, all current employees will be retained, and the CEO of Airbit, Wasim Khamlichi, will step down after a transition period.

“We are thrilled to bring Airbit’s community to BandLab. We are continually looking for opportunities to support BandLab artists in their creative process, and this has been one of our communities’ most requested features,” says Meng Ru Kuok, CEO & Founder of BandLab Technologies. “Thanks to companies like Airbit, self-serve beat marketplaces have become an exciting route for creators to find and purchase high-quality beats to kickstart their creative process. We’re excited to improve the user experience for our creators and introduce new ways for them to earn a living.”

CEO of Airbit, Wasim Khamlichi, says, “Airbit shares BandLab’s ethos of allowing music makers every opportunity to find success. Airbit was started with the intent to empower creators as artists and entrepreneurs through new technologies and forward-thinking music monetization tools. Since Airbit was founded in 2009, it has grown to become a powerful platform for hundreds and thousands of creators. BandLab is best positioned to take it to the next level.”

More information will be shared about the product roadmap and future features in due course.

Announcement
02/01/2023

11/10/2022, Dani Deahl Named Head of Communications & Creator Insights at BandLab Technologies
11/10/202211/10/2022, Dani Deahl Named Head of Communications & Creator Insights at BandLab Technologies
Announcement
11/10/2022
Announcement
11/10/2022
BandLab Technologies hires music tech thought leader Dani Deahl. Dani Deahl has been at the forefront of music innovation for the past seven years, and is now stepping into a new role with BandLab Technologies as Head of Communications & Creator Insights. MORE» More»

Dani Deahl has been at the forefront of music innovation for the past seven years, and is now stepping into a new role with BandLab Technologies as Head of Communications & Creator Insights.

As a journalist and editor, music producer, and advocate for musicians and creators, Deahl combines her extensive communications background with insight into data and industry trends. Deahl will serve as a prominent cultural liaison, highlighting the division’s impact on the future of the music industry and surveying industry changes to drive conversations and build connections.

“I couldn’t be more honored to join the talented team at BandLab Technologies,” says Deahl. “It’s such an exciting time for BandLab and the music industry at large – artists are rewriting rules and defining culture on a global scale. My goal has always been to help give a platform to creators, and I can’t wait to jump right in to champion BandLab’s mission to empower music creation around the world.”

As a leader in music and culture, Deahl most recently served as Editorial Director at Output where she led content strategy development through insightful industry storytelling with artists like Lucky Daye, Richie Souf, and Krewella.

Prior to her time at Output, Deahl led The Verge’s coverage of consumer music tech, authoring influential features on topics like music creation trends, AI, emerging genres, and creator platforms. At The Verge, she also handled artist relations and produced and hosted The Verge’s video series, “The Future of Music," featuring acts like Charli XCX, Steve Aoki, and Eric Prydz.

She has also worked in editorial roles at NYLON, DJ Mag, and other publications, spanning over the past ten years. 

As a public figure in the music tech community, Deahl has provided thought leadership at conferences around the world, including TEDx, AMP Music Summit, Midem, Mondo NYC, SXSW, Music Tectonics, Billboard Live Music Summit, and more. She currently serves as President of the Board for the Recording Academy’s Chicago Chapter.

“We are thrilled to have Dani join us and bring her passion and enthusiasm for the music industry to BandLab. Dani is an amazing tech storyteller with years of experience and admiration by members of the music tech community,” says Meng Ru Kuok, CEO and Founder at BandLab Technologies. “Her ability to extract the big picture and convey key messages will make her an asset to BandLab and our community.

Announcement
11/10/2022

11/08/2022, BandLab and NME launch Get Featured By NME partnership
11/08/202211/08/2022, BandLab and NME launch Get Featured By NME partnership
Announcement
11/08/2022
Announcement
11/08/2022
Social music creation platform BandLab has partnered with NME to launch BandLab and NME present: Get Featured, a huge new music initiative for rising artists across the globe MORE» More»

Social music creation platform BandLab has partnered with NME to launch BandLab and NME present: Get Featured, a huge new music initiative for rising artists across the globe

This exclusive opportunity will give emerging and independent singer-songwriters, rappers, producers and bands alike a platform to get heard by NME’s global audience of music fans, and expand both their networks and online presence.

NME’s Radar section was born out of the spirit of discovery, and in collaboration with BandLab, this feature will continue a shared mission to empower new, underground artists ready to make a name for themselves by pushing them into the mainstream.

Artists of all genres are being encouraged to upload their own original music via BandLab Opportunities from today (November 8), and the submission period will run until December 31. NME Radar’s editorial team will review all entries, before four winners will be chosen.

The winners will receive a unique package of opportunities from NME to continue their development as an artist. This will include a BandLab-supported publication feature and accompanying photoshoot, placement on NME’s New Bangers Spotify Playlist for four weeks, inclusion in the NME newsletter, and extensive support across NME’s social media channels.

This is an ongoing opportunity that will see NME spotlight a total of four creators throughout 2023, and will also encourage artists to also submit their music directly for festival bookings, film and TV sync opportunities, and brand deals.

Since it was established in 2015, BandLab has supported and uplifted emerging musicians through its free-to-use DAW software and social network. They have continued to offer a whole host of features and tools for over 50 million creators to stay the course of their artistic path, connect with fans, and grow their audience.

With BandLab Opportunities, artists may get a chance to play at festivals, get their music heard by A&R at indie and major labels, get featured on some of the world’s best music publications, and much more.. To get started, artists simply pick an opportunity that they are interested in and submit their music or EPK on BandLab’s Opportunity page.

Announcement
11/08/2022

09/27/2022, BandLab Introduces Boost: Creators Can Now Boost Their Profile and Posts to Millions of Global Users
09/27/202209/27/2022, BandLab Introduces Boost: Creators Can Now Boost Their Profile and Posts to Millions of Global Users
Announcement
09/27/2022
Announcement
09/27/2022
BandLab creators have the potential to reach millions of users within the BandLab network through a new feature, Boost. With Boost, users can now take their profiles and posts and turn them into featured ads in prominent spots on BandLab, to get in front of more artists and fans on a daily basis. MORE» More»

BandLab creators have the potential to reach millions of users within the BandLab network through a new feature, Boost. With Boost, users can now take their profiles and posts and turn them into featured ads in prominent spots on BandLab, to get in front of more artists and fans on a daily basis.

Boost is another avenue of discovery and promotion through the BandLab platform, similar to campaigns an artist may buy on a social platform like Instagram or Facebook. As the world’s leading social music creation platform, BandLab encourages networking and sharing within their rapidly expanding community of music creators and music lovers, all excited and open to discovering new music and artists.

Boost is available in two forms - Boost Post, a la carte for boosting posts, and Boost Membership, for always-on profile boosting. With Boost Membership now comes access to BandLab Opportunities via ReverbNation, an opportunity for creators to submit their music directly to key industry heavyweights, including editorial opportunities with Billboard and The FADER, partnerships with MONO, live music events such as SummerFest, and more.

Boost Post allows a creator to boost a single post to gain more likes, plays, and interactions, without a membership. The creator can pick their budget and length in days their boost will be active, and proceed with a one-time payment to get their campaign live.

Creators will also receive analytics tools throughout their campaign with Boost Insights, where they can analyze performance by monitoring engagement and impression metrics. Boost Membership costs $14.99 USD a month, available to all worldwide users. Creators can also subscribe annually at a discounted rate, $149.99 USD. Boost Post campaigns start at $1 a day.

“We’ve seen some exciting developments in the BandLab community. From independent artist Duncan Daniels’ feature in The FADER as part of BandLab Opportunities, to BandLab user d4vd’s single hitting the charts on Billboard’s Hot 100 and recent signing to Darkroom/Interscope Records,” says BandLab Co-Founder and CEO Meng Ru Kuok. “We’re devoted to continuous artist growth and development through BandLab, however the artist imagines their journey.”

Boost is currently rolling out worldwide for both mobile and web platforms.

Announcement
09/27/2022