Tracklib has announced its latest funding round, with $12.2million secured from existing investors including Sony Innovation Fund and WndrCo, and from several new investors.
- READ MORE: Hitmaker Frank Dukes teams up with Tracklib to release Kingsway Music Library sample collection
Among the new investors is Baron Davis, the former NBA player turned actor and music producer, and key international family offices. Davis says that Tracklib is “ån amazing tool for creators. It is dope for me as a creator and a DJ. It gave me the confidence to work on my own projects and release some of my music. I can listen to samples, see what other people have put out there and vibe out on Tracklib.”
Tracklib intends to use the new funding to “reinforce and grow” its community, by collaborating with leading producers and artists and expanding the available catalogue of samples. The company recently announced partnerships with producer Frank Dukes, and musicians Bob James and Isaac Hayes, enabling Tracklib users to easily license their music as samples.
“We are thrilled to see the interest of investors, existing and new, in supporting Tracklib’s vision to liberate creativity by creating a better way to sample for millions of music creators,” says CEO Pӓr Almqvist.
“Samples from original music are integral to how artists and producers make music, no matter the genre, and we’ve been pioneers in connecting these creators with important music catalogues in an easy, legal, and affordable way. ”
Tracklib has provided samples that have appeared in major tracks by J. Cole, Mary J. Blige, Brockhampton, DJ Khaled and more. The service now boasts over 100,000 original recordings that users can access and sample.