Miami, Florida - Turntable Live, an early-stage startup dedicated to building the music metaverse, has announced that it has secured $7 million in funding from Founders Fund and f7 Ventures. The round will be used to further its mission of creating the music metaverse, providing DJs for every social gathering (virtual and in real life), and driving fame and money to artists.
"We are very excited about this investment," said Joseph Perla, founder of Turntable Live. "It is a validation of our mission to create a space for DJs and artists to share music and connect with fans anytime, anywhere."
The company is based in Miami, Florida where it is working on an app/web application that will shape the future of music sharing and discovery. It also seeks to unleash the DJ in everyone by providing them with the tools they need to become successful DJs.
“Our goal at Turntable Live is to provide users with an engaging platform that can facilitate connections between musicians, fans, venues, and industry professionals," said Perla. "This investment will help us continue developing innovative technology that helps bring these people together within our virtual music space."
Turntable Live is part of a rapidly growing industry as more consumers turn to stream services for their entertainment needs.