About Musical.ly
Musical.ly is a company based in Shanghai (China) founded in 2013 was acquired by ByteDance in November 2017. Musical.ly has raised $100 million across 6 funding rounds from investors including ByteDance, Qiming Venture Partners and Kingsoft Network Technology. Musical.ly operates in a competitive market with competitors including Smule, StarMaker, Singa, Changba and WOMBO, among others.
- Headquarter Shanghai, China
- Stage Minicorn
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Sectors
Media & Entertainment
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Funding Insights of Musical.ly
Musical.ly has successfully raised a total of $100M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in May 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Musical.ly
Musical.ly has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include ByteDance, Qiming Venture Partners and Kingsoft Network Technology.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Venture capital investments are directed toward multiple sectors.
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Investor details for Musical.ly
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Investments & Acquisitions by Musical.ly
Investment portfolio details for Musical.ly
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Financial Statements - Musical.ly
Detailed financials for Musical.ly
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Musical.Ly Comparisons
Peer comparison for Musical.ly
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Competitors of Musical.ly
Musical.ly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Smule, StarMaker, Singa, Changba and WOMBO, among others.
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Developer of social music creation and sharing apps
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Music creation and karaoke sharing for amateurs are enabled.
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Online karaoke platform
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Karaoke performances are shared through a mobile application platform.
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AI-generated lip-sync videos are created and shared socially.
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Detailed competitors of Musical.ly
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Latest news on Musical.Ly
Complete news archive for Musical.ly
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Frequently Asked Questions about Musical.ly
Musical.ly was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Musical.ly is headquartered in Shanghai, China.
Musical.ly is a funded company, having raised a total of $100M across 6 funding rounds to date.
Musical.ly was established in 2013 in Shanghai, China, as a digital platform in the social media sector focused on video production. Short clips are recorded by users, with music tracks chosen from an integrated library or personal devices. Editing tools such as filters, accelerated and decelerated motion, time-lapse effects, and video reversal are incorporated. Finished content is distributed to networks including Instagram, Facebook, Twitter, Messenger, and WhatsApp.
Musical.ly has 9 investors. Key investors include ByteDance, Qiming Venture Partners, Kingsoft Network Technology, GGV Capital, and Greylock Partners.
The valuation of Musical.ly is $500M as of May 2016.