JoyTunes, which has launched a free app for music teachers and their students, has raised $5 million in Series A funding led by Aleph, and Formation 8 with the participation of previous investor Genesis Partners.
JoyTunes offers a unique patent-pending technology that significantly shortens the learning process for tens of millions of children and adults learning to play music. These efforts and further development of JoyTunes will be supported by completion of its
JoyTunes is the brainchild of co-founder and CEO Yuval Kaminka who founded the company with his former army instructor Roey Izkovsky (CTO) and his brother Yigal Kaminka (Content Director) who brought a musical touch to the company with his experience playing lead oboe in the Israel Broadcasting Authority Orchestra and a musical degree from a German university.
Yuval Kaminka said, “At JoyTunes, we want to enable everyone to learn how to play music because we believe its such an accessible form of expression for everyone. We are excited to use this latest round of funding to further expand our community and hire more passionate people to drive greater musical fluency.”
“As we saw more students get hooked on JoyTunes, we knew we had to invest,” said Aleph's Eden Shochat. “At Aleph, we can’t wait to watch millions of students and adults share JoyTunes’ passion for music and learn how to easily play musical instruments through the platform’s unique gamification approach.”
JoyTunes now has over 3.5 million organic downloads in the App Store and over one million songs are played through its apps every week.
Published by Globes [online], Israel business news - www.globes-online.com - on August 12, 2014
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