Renoise is a Digital Audio Workstation (DAW) that lets you record, compose, edit, process and render production-quality audio using a tracker-based approach. In a tracker, the music runs from top to bottom in an easily understood grid known as a pattern. Several patterns arranged in a certain order make up a song. Step-editing in a pattern grid lends itself well to a fast and immediate workflow. On top of this, Renoise features a wide range of modern features: dozens of built-in audio processors, alongside support for all commonly used virtual instrument and effect plug-in formats. And the software can be extended too: with scripting, you can use all of your MIDI or OSC controller to control it in exactly the way you want.
For more details you can view the complete release notes.