Musical.ly
AcquiredShanghai, China · Founded 2014
- Headquarters
- Shanghai
- Employees
- 51–200
- Founded
- 2014
- Business Model
- B2C
- Last Round
- Series CMay 2016
- Rounds
- 4
About
Musical.ly was a social media platform founded in 2014 by Alex Zhu and Luyu Yang in Shanghai, China. Users could record 15-second to 1-minute lip-sync videos with music, apply filters and effects, and interact with a creator community. The app reached 90 million registered users by June 2016 and 200 million by mid-2017. ByteDance acquired Musical.ly in November 2017 for approximately $800M–$1B, and merged it into TikTok on August 2, 2018.
Summary
Musical.ly is a company based in Shanghai, China, founded in 2014. Its most recent funding was a Series C round in May 2016. Investors include GGV Capital, Greylock Partners and Susquehanna Ventures.
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Funding History
Nov 2017
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Full funding history, per-round amounts, and investor participation.
