German digital music creation specialist Native Instruments, has received additional investment of €50m
EMH Partners’ EMH Digital Growth Fund made the investment along with the active founders of the company, who also committed to extra capital input.
The company intends to use the funds to accelerate international growth and further strengthen its presence in the consumer music creation market.
“We believe music creation products and services should be integrated in a more appealing, intuitive and cohesive way,” said Mate Galic, Native’s president and chief technology officer. “We foresee an easily accessible music creation ecosystem that connects user-centric design with powerful technology and data, to further enable the music creators of today, and welcome the new creators of tomorrow.”
Native currently employs more than 500 people in its seven offices in Berlin, Los Angeles, Tokyo, London, Toronto, Paris, and Shenzhen and works closely with more than 40 international distribution partners, generating annual revenues of €80m.
