gamma. – the artist-first multimedia platform providing creative and business services across all artistic and commercial formats – announced that Alpha Wave Global has joined the company as a strategic partner and investor, contributing additional capital to accelerate gamma.’s innovation and expansion.
This funding comes less than a year after gamma’s March 2023 launch and caps a rapid string of activity and advancements the company has made in its young history.
Alpha Wave Global joined founding investors Eldridge Industries and Apple, both of which welcome the addition and the vote of confidence in gamma.’s goals and vision that comes with it. And the combined support of these backers provides gamma. The opportunity to build on its first-year success with additional capabilities in music, direct-to-consumer, and media, underpinned by a strong technical foundation and global perspective.
KEY QUOTES:
“In less than a year, gamma. has scaled across multiple key areas – our technology engine, Vydia, is the fastest-growing distribution service in the music business, we’ve expanded across two continents, and built an impressive roster of artists and creators across a multitude of consumer touchpoints. While I have immense pride in what we’ve been able to execute and how this team has come together to win, the real stakes are what’s ahead and we couldn’t be happier that Alpha Wave has joined to support our vision for the future.”
– Larry Jackson, Co-Founder and Chief Executive Officer, gamma.
“gamma. represents a unique opportunity as already one of the largest and most culturally relevant music distribution technology platforms combined with a growing roster of important and impactful artists. Combined with the company’s best in class leadership and team, and a global network of like-minded associates, we believe the already impressive momentum of the past year is just the beginning of a large-scale opportunity. We are thrilled to support the business and look forward to being a part of its future.”
– Rick Gerson, Co-Founder and Chairman of Alpha Wave Global
“What Larry has successfully built with gamma. is a testament to his vision, expert leadership and deep experience at the intersection of culture, music and media. We are excited to partner with Alpha Wave Global as gamma. continues to flourish and provide artists a dynamic platform to create remarkable content and connection to their fans.”
– Todd Boehly, Chairman and Chief Executive Officer, Eldridge Industries
