WavMaker launches its next-generation music licensing platform
The Nashville-based company is focused on helping video producers find the perfect song for any project quickly.
WavMaker, a next-generation music licensing platform for video creators, launched last week in, where else but Music City, with $5 million in seed funding. The platform was designed to help video producers find the perfect song for any project quickly, offering a fresh, high-quality music catalog that is cleared for commercial use.
WavMaker is the brainchild of seasoned music industry veterans. They include Matt Arcaini, Chief Executive Officer; Mark Stuart, Director of Label Services; and Caleb Grimm, Director of Marketing. With a combined more than 50 years in the music industry, multiple Grammy wins and nominations, and nearly 20 million social media followers, the founders understand the unique challenges creators face in licensing music for their content. Many are forced to navigate inconsistent or stagnant libraries with high costs and confusing licensing structures.
Vicky Patel, a Principal in the Nashville-based record label Wavy Records and Co-Founder and Principal of Monarch Media, led WavMaker’s seed funding round. With 20 years spent in Silicon Valley, she brings a rich history in media and technology to WavMaker, complementing its future goals. The company will use her investment to expand the capabilities of the platform further, hire staff and increase customer outreach.
Click here to read the start-up’s news release.
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