Synchtank, a London, UK-based B2B music and media company, raised $5.8m of Series A funding.
The round, which added to $750k in seed funding raised in 2020, was led by Octopus Ventures.
The company intends to use the funds to expand beyond Europe and North America, grow its team and continue to develop its software.
Led by CEO Rory Bernard, Synchtank provides a technology platform for rights management and royalty accounting. Customers include large brands such as Warner Music, NFL and Vice, as well as a indie labels and publishers.