Pandemic was good to - Splice app

The use of Splice, a highly rated app for mobile video editing, has boomed during the pandemic, as people stuck at home experimented with making their own tracks, Bloomberg reports. The company specializes in royalty-free samples, which allow people to use drum sounds or flutes from a large library for a monthly fee. The company has just raised an additional $55 million from investors, raising the value of the company at close to $500 million.