AmpMe, a Montreal, Canada-based app that allows users to play music in sync across multiple devices to create one portable sound system, raised $8m in Series A funding.
The round was led by Relay Ventures with participation from Investissement Québec, Slaight Music, OMERS Ventures, Townsgate Media, Anges Québec Capital and Real Ventures.
The company, which has raised a total of $10m USD ($12.5M CAD), plans to use the funding to hire talent, further invest in product development and in the underlying technology, as well as secure strategic partnerships.
Led by CEO & Founder Martin-Luc Archambault, AmpMe provides an app that allows users to play their music in sync across multiple devices to create a single portable speaker. The company also added YouTube as a new music-streaming source enabling anyone to search for their favorite music on YouTube and create a synced video party with friends.
The free app has achieved more than 2 million downloads since launching in September 2015 and is available on iOS and Android.