Turntable, an all-new virtual music lounge designed to unleash the DJ in everyone and bring people together through music, today announced it has exceeded $500,000 in funding. To date, more than $522,000 in funding has been secured from a variety of investors both big and small.
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All-new Turntable (Turntable.org) Dancefloor (Graphic: Business Wire)
"The outpouring of encouragement and support from investors of all levels continues to encourage us," said quiet cofounder of the original Turntable in 2011 and current CEO of the all-new Turntable Joseph Perla. "This all-new Turntable will be as much fun as the original, built for 2021, mobile first and designed to last forever. We are adding new backers every day and look forward to sharing the beta launch in April!"
To date, Perla has assembled a talented team of investors and advisors to launch the new startup including Juan Batiz-Benet, founder Filecoin; Dan Finlay, founder MetaMask; Joshua Goldbard, founder MobileCoin; Michael Guimarin (Fastly); and Nicholas Hays (Google).
"When Joe showed me how much early interest there was in rebooting Turntable, I knew immediately, that the time had come and it was time to invest," said Guimarin.
Turntable is a music-focused social network designed for music discovery, community-building and emerging DJs to have fun, promote new music and share live music experiences. Designed as a virtual clubhouse with music, a points payment system will reward DJs who play popular songs that encourage people to make their virtual avatars dance. For more information, visit Turntable.org or follow @turntablettfm.
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