RECHORD.XYZ completes first funding round

Innovative audio toolset RECHORD.XYZ has closed its initial funding round after successfully securing backing from a group of private investors.

Launched by the immersive music pioneer Ray Mia – former Universal Music Executive Vice President and founder of Jacaranda Music Group – and designed to provide mobile phone users with a recording studio in their pocket, the platform will raise the bar in recording and sharing tracks with a simple intuitive interface.

Enabling the mobile generation to easily capture, create, curate, collaborate over and share audio online, the app will launch in early 2022, providing a simpler, sleeker and more intuitive toolkit for the more than 5m bands and 20m content makers worldwide using mobile devices to make music today.

A creative audio design pioneer with a 20 year+ history in television and production, Ray Mia has worked with artists including The Beatles, Justin Bieber, Shawn Mendes and Ennio Morricone, and most recently on cutting-edge immersive audio projects for global brands including NBCUniversal and BBC Studios.

He added: “Alongside developing the RECHORD.XYZ app over the last year we’ve been looking for the right people and the right platform to partner with, and in our current round we identified the right investor synergies and reach we needed to make the product fly.

“Together, we are building a range of products, services, marketable entertainment concepts and gold-standard technology partnerships that will not only provide RECHORD.XYZ with global reach and recognition, but will place us at the very heart of an explosive music market that’s growing exponentially every year. We are very much focused on getting the partnerships right, we had several offers to take on investment in the US and UK, but we feel the current investor group’s experience and global reach made them the stand-out deal for us.

“This is about a recording studio in your pocket, it’s about chasing your demo, being able to create, collaborate and champion music makers… there’s much more to follow as we roll out the product globally.”

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