The flagship product, Cord is an app that allows users to send and receive chunks of audio to one another or even in groups.
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Spotify are a company with great ambitions, and they are constantly proving themselves dedicated to improving their user experience. Both Apple and Spotify give users access to more than 30 million songs, and charge identical monthly fees in many countries.
Irish start-up Soundwave has today been acquired by music streaming giant Spotify. Other projects included Chhirp, a mic button for Twitter to share short audio, and PaperCraft, a space shooter game for the smartwatch.
That’s all pretty vague at this point, but it would seem that Spotify and the team at Cord Project are going to be building out some kind of feature that will focus on social messaging, given the company’s expertise in this area.
Music streaming is moving more and more towards creating tailor made experiences for individual listeners’ tastes, so this new addition to Spotify means more hidden gems uncovered for its customers.
Cord Project, on the other hand, is a more mysterious proposition.
The deal will constitute a pay day for Soundwave’s current backers, who include ACT Venture Capital, San Francisco-based angel investor Matthew le Merle, and Trevor Bowen, who formerly worked with the management team of U2, are among the angel investors in the company.
Soundwave app has been downloaded over 1.5 million times. For now, the only clue we have as to what Spotify might be up to comes from a comment by Shiva Rajaraman, Spotify’s VP of Product.
Soundwave, founded in Dublin in 2012, is focused on developing innovative technology and products to aid music discovery.
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Spotify purchases Soundwave, an app that lets users explore music with private groups, and Cord Project, a voice messaging service for phones, tablets and smartwatches.
