Berlin, Germany – SoundCloud, a provider of audio and music
hosting services, has received an undisclosed amount in a new investment from
Union Square Ventures and Index Ventures.
Founded in 2007, Berlin-based
SoundCloud lets anyone upload and share any kind of audio track, and is
increasingly used as a service by musicians to distribute songs.
The company said
the investment will allow it to grow more quickly, and "be more present in