Kuok Meng Ru’s BandLab Raises $53 Million From Vulcan Capital, K3 Ventures:
, a nephew of Robert Kuok—to provide a mobile-first platform for creating music. The platform is used by more than 40 million music producers and musicians.
“Our vision is a future where there are no barriers to making and sharing music, in particular among independent musicians and creators, and among mobile-first users, the billions with smartphones and original music ideas,” Kuok Meng Ru, who serves as CEO of BandLab, said in a. “We’re not only doubling down on our market leading creator tools, but also prioritizing compensation for artists and protection for rights holders.
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