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5m users for SoundCloud as it bags new investment


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SoundCloud has announced a new milestone: five million registered users, up from one million this time last year. The audio service is currently adding more than 20,000 new users a day, too. The news comes as SoundCloud takes a new ‘small’ investment from A-Grade, the investment fund of Guy Oseary and Hollywood actor Ashton Kutcher – the latter is making a habit of investing in technology startups at the moment. “It’s totally awesome to welcome Guy and Ashton into the SoundCloud family, especially this week as we celebrate such a significant user milestone,” says CEO Alexander Ljung. “A-Grade are joining our mission to get everyone creating and sharing sound in their everyday lives, and with their knowledge and passion for new technologies and using social media to reach and influence people all over the world, their support will be invaluable.”

 

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