Roblox devs Splash raises $20m in series A
The funding round was co-led by Amazon's Alexa Fund and Bitkraft Ventures
Roblox music game developer Splash raised $20 million in a series A round co-led by Amazon's Alexa Fund and Bitkraft Ventures.
The round also saw participation from Khosla Ventures and King River Capital.
Splash specialises in AI tools to facilitate music creation, performance and integration in games, including on Roblox.
"The investment will be used to improve the range of AI-powered virtual instruments, expand the variety and quality of Splash virtual venues, grow the Splash community, and establish key partnerships in gaming, entertainment, and music," the announcement said.
Splash was founded in 2017 under the name PopGun, and launched a Roblox music game in 2020, which has an average of ten million monthly players and "over 5.4 million people performing live on stage," the company said.
Splash CEO Stephen Phillips, commented: "We are growing a team of musicians, technology professionals, gamers, and creatives who have joined our mission to find new and inventive ways to inspire the next generation of musicians. With over 7.8 million people who have made music in Splash, we are on track to one day host the world's must-attend virtual performances.
"We are thrilled to have incredible investors in our corner who believe in our mission to launch the next generation of superstars and become the place where millions of people perform live daily."