Tuned Global acquires Figaro.ai to boost AI music discovery tools
Tuned Global has acquired London-based audio AI company Figaro.ai, aiming to enhance the intelligence and discoverability of music catalogues on its cloud platform.
The move forms part of Tuned Global's ongoing strategy to strengthen its open ecosystem for music and audio solutions, integrating artificial intelligence to expedite innovation and improve engagement for its clients, which include Line Music, UFC and Gabb Wireless.
Acquisition strategy
Figaro.ai, created by FeedForward, is recognised for its AI-powered tagging and music recommendation technology. Tuned Global's decision to acquire the company follows its earlier purchase of Pacemaker, which is known for its AI-driven music mixing technology. These acquisitions coalesce around a strategy focused on driving AI-based discovery, rights management, and engagement capabilities within the music and audio industry.
Con Raso, Chief Executive Officer at Tuned Global, said,
"With Figaro.ai, Tuned Global cements its position as the most comprehensive music platform, where innovation across AI, fraud detection, rights management, search and recommendations can be built."
The company is seeking not only to consolidate its role as a provider of a broad array of music and audio technology services but also to continue backing Figaro.ai's existing customer base with its infrastructure and long-term support.
Integration and support
Figaro.ai will operate as an integrated yet distinct component within Tuned Global's wider technology platform. The aim is to ensure continuity and support for current Figaro.ai clients, while allowing Tuned Global's other partners and clients access to expanded capabilities. The Figaro.ai team, including founders Lydia Gregory and Kevin Webster, will be incorporated into Tuned Global, contributing their expertise in audio AI to future projects.
Raso welcomed the new team, stating,
"At Tuned Global, we see ourselves as the hub where innovation in music technology takes shape. We are building the largest open ecosystem of AI music intelligence, giving our clients maximum choice and real impact for the music industry. With Figaro.ai joining the platform, we're not only expanding that ecosystem with cutting-edge technology but also welcoming a highly skilled team whose expertise strengthens our ability to deliver music experiences that are powerful, flexible and future-ready."
Lydia Gregory, Chief Executive Officer and Co-founder of Figaro.ai, commented on the acquisition:
"Figaro.ai has always been about combining deep technical expertise with a passion for music discovery. I'm incredibly proud of the team that built this technology, and I'm thrilled that they are joining me as part of Tuned Global. Being integrated into a platform of this scale means we can continue our mission with greater reach and impact, while ensuring continuity for the clients who already rely on us. Together, we're ready to help the industry deliver music experiences that are more relevant, premium, and engaging than ever before."
Technology and reach
Tuned Global provides a data-driven cloud and software platform to businesses looking to incorporate commercial music into apps or deliver complete streaming experiences. Its ecosystem is designed to simplify complexities around licensing, rights management and content delivery, offering third-party integrations through APIs and customisable applications.
Figaro.ai is known within the industry for its content recognition, tagging, and search capabilities, enabling clients to manage, discover and distribute music content more easily. The integration is intended to offer music and media businesses a broader toolkit for driving user engagement and delivering more relevant music experiences at scale.
Tuned Global states that it will continue to operate as an open ecosystem, positioning Figaro.ai as one part of a suite of interoperable music and audio technologies. The company's acquisition activity signals a continued focus on expanding its portfolio in order to help businesses address the evolving needs around digital music innovation and management.
