Tech Company Financing Transactions
SoundCloud Funding Round
SoundCloud, based in Berlin, scored $75 million in investment from SiriusXM.
Transaction Overview
Company Name
Announced On
2/12/2020
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Undisclosed
Investors
SiriusXM (James Meyer)
Proceeds Purpose
The funding will be used towards product development and launching new services, the companies said in a statement.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
Rheinsberger Str. 76/77
Berlin, 10115
Germany
Berlin, 10115
Germany
Phone
Website
Email Address
Not Recorded
Overview
SoundCloud is the world's leading social sound platform where anyone can create sounds and share them everywhere. Recording and uploading sounds to SoundCloud lets people easily share them privately with their friends or publicly to blogs, sites and social networks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexander Ljung
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