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SoundCloud history
SoundCloud company history timeline
In April 2009, SoundCloud received €2.5 million Series A funding from Doughty Hanson Technology Ventures.
In May 2010, SoundCloud announced it had one million users.
In January 2011, it was reported that SoundCloud had raised US$10 million Series B funding from Union Square Ventures and Index Ventures.
In May 2012, it was announced that SoundCloud had 15 million users, and site usage was increasing by 1.5 million users per month.
In July 2013, SoundCloud had 40 million registered users and new users were joining at 20 million per month.
By December 2014, SoundCloud had shared ad revenue with about 60 other Premier Partners.
In May 2015, it was reported that Twitter was considering the acquisition of SoundCloud for approximately US$2 billion.
Concerns over the amount of revenue from the program led Sony Music Entertainment to pull its content from the service entirely in May 2015.
On 28 September 2016, Spotify announced that it was in talks to buy SoundCloud, but on 8 December 2016, Spotify was reported to have abandoned its acquisition plans.
In Spring 2017, SoundCloud initially faced being sold after not raising the $100 million needed to support the platform.
In May 2019, SoundCloud bought artist distribution platform Repost Network.
Alexander Ljung and Eric Wahlforss remained with the company—Ljung as chairman of the board, and Wahlforss as Chief Product Officer until 2019, when Wahlforss transitioned into an advisory role.
In January 2020, a US$75 million investment by Sirius XM was announced.
On 2 March 2021, SoundCloud announced a new pay model for artists, entitled "fan-powered royalties", which went into effect on 1 April 2021.
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Zippia gives an in-depth look into the details of SoundCloud, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SoundCloud. The employee data is based on information from people who have self-reported their past or current employments at SoundCloud. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by SoundCloud. The data presented on this page does not represent the view of SoundCloud and its employees or that of Zippia.
SoundCloud may also be known as or be related to SoundCloud, SoundCloud Global Limited & Co. KG, Soundcloud and Soundcloud Inc.