Bridge investment of $1 million was received by Melodie, a music licensing business situated in Sydney, Australia.
Investors
Nick Menere, the creator of Code Barrel
an early employee of Atlassian
Peter Strain, a co-owner of The Drop Festival
Use of funds
The money will be used by the business to increase operations and development initiatives.
About Melodie
Melodie Music, under the direction of CEO and Founder Evan Buist, offers content producers a way to locate and obtain high-quality music licensing for their projects. Their carefully chosen library of original music is available for streaming on an AI-powered web search engine via the Creator, Pro, and Enterprise membership tiers.