I find the text a bit confusing myself and at first glance, to me it reads 'Cabbytone' after a bass clef. I think the 'I' would be clearer if there was a small break in the crosspiece of the T, so it also acted as the dot for the 'I'.
Quick example here, but I'm sure you could round the ends over a bit to smooth things out.
But it's your design, so it's 100% your choice.