Iota - Max for Live Granular Looper
http://www.ableton.com/en/packs/iota/
http://dillonbastan.com/iota-2
Iota is a Max for Live sample based granular looper. It features a spectrogram of a sample in which you can draw individual loops or voices for playback. Each loop’s parameters can be customized and recorded as automation. Loops can either playback simultaneously or be triggered individually by MIDI note messages.