Mobile app developer Schematic Labs has secured $4.8m in series A financing from investors including Softbank Capital, to add to its Google and AOL-backed seed round.

Schematic Labs, the US-based mobile application (app) developer best known for creating the Soundtracking mobile music app for iPhones and iPods, has closed a $4.8m funding round, with Softbank Capital, a venture capital (VC) firm affiliated with the telecommunications, internet and media conglomerate Softbank, and VC firms Accel Partners and True Ventures all participating.

The series A financing follows a seed round in August last year where Schematic raised an undisclosed amount from investors including True Ventures, which led…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?