DANCE, an invite-only e-bike subscription service in Berlin from the founders of SoundCloud, raises €15M Series A led by HV Holtzbrinck Ventures
Less than three months since launching its pilot program, SoundCloud's e-bike subscription spin-off DANCE has secured €15 million in Series A funding.
SoundCloud's filing in the UK shows its 2018 revenue grew 19% YoY to ~$127M, with operating losses dropping to $38.7M
Tim Ingham / Music Business Worldwide :
SoundCloud's filing in the UK shows its 2018 revenue grew 19% YoY to ~$127M, with operating losses dropping to $38.7M
If there's one stat that says everything about the recovery of SoundCloud in recent years, it's this: in calendar 2017, the company turned over circa $102m.
Twitter's annual report says it has written off $66.4M of its investments in private firms, most likely related to rumored $70M investment in SoundCloud in 2016
Twitter's lost almost all of the money it had invested in SoundCloud, the company disclosed as part of its 2017 annual report Friday.
Filing: SoundCloud raises $70M in debt funding to build a “financially sustainable platform”, following a $100M raise in June 2016
Business Insider :
Sources: SoundCloud has been trying to raise $100M since last summer, without success
In 2014, the streaming music service thought it was worth $700 million. It could sell for much less. — SoundCloud needs more money, or it needs a buyer. — Sources say the streaming music service ...
Sources: SoundCloud has been trying to raise $100M since last summer, without success
In 2014, the streaming music service thought it was worth $700 million. It could sell for much less. — SoundCloud needs more money, or it needs a buyer. — Sources say the streaming music service ...
SoundCloud's filing in UK: losses up 30.9% to $52M while revenues grew 21.6% to $22M in 2015; Universal, Sony, and Warner now own stakes in SoundCloud
SoundCloud's losses grew faster than its revenues in 2015 - with the company now admitting that, should its subscription service flop, its funding may run dry this year.
SoundCloud files financial results showing $44.27M loss in 2014 with revenue of $19.7M; board forecasts it will need more capital investment in 2016
SoundCloud financial results show €39.1m loss in 2014 — SoundCloud's revenues rose 54% to €17.4m in 2014 …
SoundCloud raises €32 million in debt funding with an option for additional loans
According to Swedish technology news site DiGITAL, Berlin-based SoundCloud has raised 300 million Swedish krona (a little more than €32 million, or about $35 million) in debt funding.