Epidemic Sound, a Stockholm, Sweden-based digital music library for broadcasters and video producers, closed a $5m (€3.65m) Series A funding.
The round was led by Creandum.
The company intends to use the funds to grow its database.
Founded in 2009 and led by Oscar Höglund, CEO, Epidemic Sound manages a library for visual content creators to use professional-quality soundtracks in any country, on any platform for a defined fee.
Epidemic Sound owns music, buying it directly from composers when tracks are created, in this way providing musicians with a new way to earn money making music.
The Epidemic Sound library now contains more than 25,000 tracks created by more than 200 composers who are screened and mentored by a select production team led by company co-founder Peer Åström. Every track in the catalogue is tagged and formatted for the company’s advanced search tools for exploring, editing and downloading the music, and broken into individual tracks where the instruments can be heard and edited separately – thereby creating over 100,000 sound files for use.