SoundCloud Raises Further Funding

SoundCloud, a Berlin, San Francisco and London-based social sound platform, raised an undisclosed amount of funding.

The round was led by Kleiner Perkins Caufield & Byers, with participation from GGV Capital.

The company intends to use the funding to continue to expand (more rapidly).

In conjunction with the funding, Mary Meeker, partner at Kleiner Perkins Caufield & Byers, will join the board as an observer.

Founded in 2008 by CEO Alexander Ljung and and Eric Wahlforss, SoundCloud is an audio platform that enables users to create, record, promote and share their sounds on the web. It provides creators with tools to record audio, upload large files, share them, embed sound across websites and blogs, receive detailed analytics, plus feedback from the community directly onto their waveform player. A mobile app is available for both iPhone and iPad.

The company is currently hiring (



Related News:
03/02/2011: SoundCloud Confirms Equity Funding from Union Square Ventures and Index Ventures (read here)


  • According to TechCrunch, the amount of the funding could be approximately $50m.



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