Who says no one invests in music startups? Splice, a music collaboration service that has yet to fully launch, has raised $2.8 million in angel and venture financing from a host of high-profile investors in a seed round led by Union Square Ventures, which has also invested in Turntable.fm.

The service lets artists collaborate in the cloud to create music using standard digital tools like Ableton Live, then share their works with fans to solicit feedback, much in the same way SoundCloud is used as a sounding board.

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