Confirmed: SoundCloud takes funding from Index and Union Square
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SoundCloud was looking to raise another round since its last was in April 2009, from Doughty Hanson Ventures for EUR 2.5 million. Since then it has scaled in adoption and taken on bigger
offices and more staff.
The Berlin-based audio-streaming service for sharing music – not unlike a YouTube or Flickr for audio – recently passed two million users.
The startup, which has a freemium model where a Pro account costs €29.00 per year, has already attracted attention from Union Square’s Fred Wilson on his blog. It recently launched a round
of new iPhone and Android apps allowing users to record directly onto the site and a new Mac desktop app.
Mike Butcher (M.B.E.), formerly Editor-at-large of TechCrunch, has written for UK national newspapers and magazines and been named one of the most influential people in European technology
by Wired UK. He has spoken at the World Economic Forum, Web Summit, and DLD. He has interviewed Tony Blair, Dmitry Medvedev, Kevin Spacey, Lily Cole, Pavel Durov, Jimmy Wales, and many other
tech leaders and celebrities. Mike is a regular broadcaster, appearing on BBC News, Sky News, CNBC, Channel 4, Al Jazeera and Bloomberg. He has also advised UK Prime Ministers and the Mayor
of London on tech startup policy, as well as being a judge on The Apprentice UK. GQ magazine named him one of the 100 Most Connected Men in the UK. He is the co-founder of TheEuropas.com
(Top 100 listing of European startups); and the non-profits Techfugees.com, TechVets.co, and Startup Coalition. He was awarded an MBE in the Queen’s Birthday Honours list in 2016 for
services to the UK technology industry and journalism.