eJamming raises $150K bridge round for online jam sessions
Boca Raton, Florida’s eJamming, which has developed software that lets geographically dispersed musicians play together online, has just brought in $150,000 to sustain itself until it can start generating revenue and subsequently raise a round of venture capital.
The company’s technology enables musicians with the equipment to plug instruments into a computer to play and even record tracks together in real time. This is a hard problem: Network speeds are unreliable and even marginal latency can disrupt the session. The company says that as long as the musicians are within a few hundred miles of each other, latency is hardly noticeable, and claims that even skeptical musicians come around after giving the software a try.
eJamming is currently working on deals to license its technology to unnamed music industry players. The company had previously raised $1.69 million.
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"Once upon a time, Dan considered himself a magazine journalist with dreams of ""The New Yorker"" and a couple of well-reviewed but only mildly successful books. Then one day, life, as it is known to do, decided it was time for rebirth. Like so many things before it, this rebirth was conceived on a mostly-empty plane to Reno. Now, instead of magazine writing, Dan would plunge into the world of New Media and write for Matt Marshall's blog.
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