Berlin – SoundCloud, the provider of a song and audio file hosting and sharing service, has raised an undisclosed amount of new funding from A-Grade Fund, the venture capital fund whose principals include actor Ashton Kutcher, artist manager Guy Oseary and billionaire Ron Burkle, Billboard reports.
Berlin-based SoundCloud also announced that it has surpassed 5 million users of its service — which lets users upload and share songs and other audio files — after reaching 4 million users in April.
The company previously raised $10 million from Index Ventures and Union Square Ventures.
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http://tinyurl.com/3d2fhpj (Billboard)