Audio and video production collaborative platform MediaTrack closes multi-million-dollars angel round

MediaTrack, an audio and video production collaborative platform, has received millions of dollars in an angel financing round, led by Global Founders Capital (GFC), a fund owned by Rocket Internet, and Tiangong Capital served as the sole financial advisor. Proceeds from the fresh funding round will mainly be used for further development of the platform and market expansion.

MediaTrack, an audio and video production collaborative platform, has received millions of dollars in an angel financing round, led by Global Founders Capital (GFC), a fund owned by Rocket Internet, and Tiangong Capital served as the sole financial advisor. Proceeds from the fresh funding round will mainly be used for further development of the platform and market expansion.

MediaTrack completed Demo development at the end of 2019, and has basically completed the construction of the product architecture and officially launched it. A group of seed users from the short video industry participated in the product test.

Cheng Gang, founder and CEO, said that the public beta version of the product will be launched soon, including versions for PC and mobile terminals, as well as Web versions. The products are mainly for B-end audio and video content producers, covering more than 9 sub-segmets such as short video, game & animation, film and television series, music audio and more.

In terms of business model, MediaTrack builds standardized products targeting core users of short video, and in the meantime expands the bulk purchase needs of industry-leading major clients. At present, the company has contacted clients of various industries, and each client has a user scale ranging from dozens to hundreds of people, and has a clear purchase intention.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/29/audio-and-video-production-collaborative-platform-mediatrack-closes-multi-million-dollars-angel-round/.

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