Technology

Roblox devs Splash raises $20m in sequence A

The funding spherical was co-led by Amazon’s Alexa Fund and Bitkraft Ventures

Roblox music recreation developer Splash raised $20 million in a sequence A spherical co-led by Amazon’s Alexa Fund and Bitkraft Ventures.

The spherical additionally noticed participation from Khosla Ventures and King River Capital.

Splash specialises in AI instruments to facilitate music creation, efficiency and integration in video games, together with on Roblox.

“The funding might be used to enhance the vary of AI-powered digital devices, increase the range and high quality of Splash digital venues, develop the Splash neighborhood, and set up key partnerships in gaming, leisure, and music,” the announcement stated.

Splash was based in 2017 below the title PopGun, and launched a Roblox music recreation in 2020, which has a mean of ten million month-to-month gamers and “over 5.4 million individuals performing reside on stage,” the corporate stated.

Splash CEO Stephen Phillips, commented: “We’re rising a staff of musicians, expertise professionals, players, and creatives who’ve joined our mission to search out new and creative methods to encourage the following technology of musicians. With over 7.8 million individuals who have made music in Splash, we’re on observe to at some point host the world’s must-attend digital performances.

“We’re thrilled to have unbelievable buyers in our nook who consider in our mission to launch the following technology of superstars and turn out to be the place the place thousands and thousands of individuals carry out reside each day.”

https://www.gamesindustry.biz/articles/2021-11-02-roblox-devs-splash-raises-usd20-in-series-a | Roblox devs Splash raises $20m in sequence A

TaraSubramaniam

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