Rapchat raises $1.6M for app to produce, share, discover hip-hop tracks

A fast-growing recording and sharing app that puts a hip-hop studio in your pocket has raised $1.6 million in venture funding – so creators can let the beat drop without dropping a beat.

Rapchat Inc. raised the round with participation by Columbus-based Rev1 Ventures and Ohio TechAngel Funds (which Rev1 manages); Base Ventures in Berkeley, California; Chicago-based M25 Group and TechNexus; and 500 Startups, in Mountain View, California.

Click here to read the complete article. Story excerpt provided by Columbus Business First. Written by Carrie Ghose. Originally published May 14, 2018