BandLab allows users to create and record music using virtual instruments, loops, and audio effects, as well as collaborate with other musicians in real-time, regardless of location. The platform also offers a social networking aspect, allowing users to share their music and connect with other musicians and fans. In addition to their online platform, BandLab also produces a range of hardware products, including audio interfaces, MIDI controllers, and other related accessories. The company's mission is to make music creation accessible and collaborative for everyone, regardless of their experience or location.