The Soundbridge Logic Opportunity Fund I Closes On $125 Million For Its First Music Technology, Entertainment, and Intellectual Property Venture Fund

“The unique nature of the fund combined with the experts involved in the organization, creates a tremendous investment opportunity for those interested in the entertainment and music industry,” commented Lawrence Goldfarb, a managing member and co-founder of Soundbridge, adding “the unique and collaborative process creates mutually beneficial opportunities for funders and founders in a cooperative and synergistic process rarely seen in traditional venture financing.”



Soundbridge Logic (“Soundbridge’) announced today it has closed on $125 million for its new proprietary strategy to streamline the valuation process between founders and investors in venture capital investing for music technology and entertainment companies and music and entertainment-related intellectual property. This is the first phase of capital raising for Soundbridge in its new collaborative funding process designed to yield a quicker turnaround to capital finance while fostering a mutually beneficial alignment of interests in the entertainment and music verticals, where intellectual property and technology meet. With most of its capital already spoken for, Soundbridge is already in the market raising capital for its Soundbridge Logic Opportunity Fund II.

 

The partners of Soundbridge Logic bring over 100 years of music industry experience and global investment expertise to its portfolio of investment companies. Founders of the company include veteran hedge fund manager Lawrence Goldfarb, multi-platinum musician Chad Taylor, award-winning songwriter, and co-producer Patrick Dahlheimer; Grammy nominated Jason Pittman and music producer Daniel Pollard. As a result the company has quickly gained traction with music and entertainment entrepreneurs and executives eager to avoid the pitfalls of traditional Silicon Valley venture models.

 

“The unique nature of the fund combined with the experts involved in the organization, creates a tremendous investment opportunity for those interested in the entertainment and music industry,” commented Lawrence Goldfarb, a managing member and co-founder of Soundbridge, adding “the unique and collaborative process creates mutually beneficial opportunities for funders and founders in a cooperative and synergistic process rarely seen in traditional venture financing.”

 

Soundbridge Logic executives believe that their investment model and industry expertise can build long-term alliances amongst and between its portfolios companies in the music and entertainment sectors. In addition, the fund’s unique business model will open new opportunities and foster the creation of new intellectual property that its portfolio companies would not otherwise have access to.

 

 

About Soundbridge Logic

 

Soundbridge Logic is a privately held investment company whose partners share a passion for bringing people together to connect founders and investors in the music, gaming, and entertainment industries. Unlike most other venture funds, the Soundbridge team is passionate about protecting content creators and founders by adopting and embracing new technologies, media platforms, and distribution systems. Their unique investment process connects the technology, distribution, creation, infrastructure, licensing, and products required to drive and define market-leading solutions within each defined category. According to Soundbridge Logic founders Lawrence Goldfarb and Chad Taylor, Soundbridge’s directive is to enhance and scale emerging platforms or disrupt an industry entirely by funding cutting-edge proprietary intellectual technology. For information about Soundbridge Logic, visit its website at SoundbridgeLogic.com.

 

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Quote Logic: Native Mobile App for Creating Instant Quotes for LED Lighting Industry to Launch

Lighting and Software industry experts come together to create a revolutionary quoting app poised to disrupt the way bids are created for both retrofit and design build projects. Quote Logic; See it. Quote it. Send it!

LAS VEGASOct. 25, 2021PRLog — Today, Quote Logic, a leading U.S. based No-Code software development company is gearing up to launch its newest product, a retrofit and design build software platform designed specifically for the lighting industry.

Introducing the Quote Logic app. This leading-edge application is designed to streamline proposal submittals, combining sales calls and job walks by enabling sales agents to do a walking audit of job sites quickly and effectively like nothing seen before. Lighting representatives will now walk job sites and collect all necessary site data, including snapping reference photos, while simultaneously building formal quotations for their clients directly from their cell phones.

Building small and large job proposals that include accurate and detailed ROI calculations for design build or retrofit LED lighting solutions has never been easier.  Within the included retrofit software platform, lighting professionals are now able to create bids for both new installations and retrofit projects.

Quotations can be instantly submitted along with useful product marketing literature such as spec sheets and sell sheets, as ready to e-mail PDF files directly from their mobile device before they leave the job site.

Unlike other quoting software for the lighting industry, Quote Logic has been designed as a lite and agile program poised to do much more for lighting manufacturers and lighting distributors than just take fixture counts and quote projects. “This has been a three-year development journey.  We have created a truly versatile, lighting industry mobile application.  An easy to use app that not only enables super-fast quoting, but also creates a lighting industry marketplace.

Our two-year road map includes the creation of a community hub that includes a social media platform where lighting professionals, electricians, distributors, and end users can all interact.  Users can post pictures of projects, ask questions, you name it. We basically are creating an environment where lighting industry manufacturers, lighting representative agencies, lighting distributors, lighting contractors and customers can openly ask and discuss anything they want related to the lighting industry,” says co-founder and CEO, Raul Klein.

“Our team is amazing!  Our 30+ years of experience and knowledge in both the traditional lighting industry and the recent evolution to LED lighting has led us to create this product using the most advanced, Next Gen No-Code 2.0 software platform available. We have the most effective software development team on the planet working on our application, specifically for the lighting industry,” says co-founder and CTO, Ivan Assenov.

The first iteration of the Quote Logic application (https://www.quote-logic.com/) is set for release by November 2021, with more enhancements, useful “bells and whistles”, and CRM integration capability quickly behind.  “There is nothing we aren’t willing to do for the lighting industry, and there is nothing that we can’t do with our product and team in place!” added Klein.

ABOUT QUOTE LOGIC:

Quote Logic is a leading U.S. based software technology company (https://www.quote-logic.com/contact) focused on creating the most robust, simple, user friendly, and truly mobile Software as a Service (SaaS) project quoting platform for the lighting industry. Quote Logic’s ability to create leading edge NoCode Elements enable the platform to quickly and easily pivot while offering the ability to perform semi-customization to the app for individual user needs.