Closing $100 Million Funding Round For Social Music Videos 

Shangahai based is closing in on a $100 million finding round at a whopping $500 million valuation. allows fans to play with their favorite songs and create their own music videos.. There are similarities to Dubsmash and Vine, but creates loyal communities by adding a music focused social network that encourages interaction with both artists and other fans.

Source: Closing $100 Million Funding Round At $500 Million Valuation For Social Music Videos – hypebot