Audio and Video Collaboration Superapp Pibox Expands Financing to $1.2m

07 November 2024 - Press release

 

Los Angeles-based Pibox (pibox.com) has secured $1.2M to launch its audio and video collaboration tools for the creative industries. Investors include Presto Ventures, Globalive Capital, and Startup Wise Guys. 

Techstars alums with customers ranging from Sony Music Publishing to Universal Music Publishing Group, Epidemic Sound, Bleeding Fingers by Hans Zimmer, and many others, Pibox will use the funding to expand into the US market and to serve more use cases and customers across music, broadcasting, and advertising. 

As a part of this financing, Pibox recently received funding from Google for Startups, the partnership will also help the company add AI-rich features to its offerings.

“We are determined to build the best place for content collaboration and management for teams working at a high professional level with audio and video,” says Pibox co-founder and CEO Ivan Talaichuk, himself a music producer and creative. “I set out to solve my own problem because I hate switching between multiple apps to work on my creative content. It was scattering my mind, so I decided to connect everything in one place.” 

By combining content collaboration, messaging, and other file management features in a single place, Pibox connects every step in the creative process, keeping all the files, comments, and feedback together. It allows private interaction and high-level oversight, so that collaborators can riff together and leaders can see how projects are faring. 

Pibox lets teams customize and go deep via metadata fields and management, playlists, custom integrations, and reports. Pibox’s robust features, inspired by its customers’ needs and practices, have boosted team efficiency by 86% and sparked new and better ideas, as creatives spend less time trying to understand what edits need to happen, and more time making great sound and picture.

“A complex but simple-to-use app is a great creativity vortex for a new era of creative collaboration. We experienced this ourselves: After launching the initial idea a lot of unbelievable drivers appeared that fired up our team. We saw that after combining Chat + Files, Pibox started evolving as a living organism mutating and mixing solutions inside. Such infinite possibilities just blew our minds and we understood how powerful it can be,” explains Talaichuk, a feeling investors share.