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SoundCloud reaches 5 million users

Launched in 2008, the social audio platform SoundCloud founded by the Swedes Alexander Jung and Eric Wahlforss just reached 5 million users. The news were made known in the SoundCloud blog on 15 June, where an infographic was posted showing the explosive growth of the cloud service. According to Jung, 4 million of the users have signed up in the last year alone, and the user base grew from 2 million to 3 million in a span of only 97 days.

The news was celebrated along with an undisclosed amount of funding from the A-Grade Fund, the venture capital fund led by actor Ashton Kutcher, artist manager/entrepreneur Guy Oseary and billionaire investor Ron Burkle. Earlier this year the company raised $10 million from Index Ventures and Union Square Ventures.

Ljung attributes the recent growth of SoundCloud to the wide variety of content on the site that extends beyond popular music. First intended for professional musicians, the service has grown to include uploads by people who share their audio tweets, bird sounds or radio shows.

On the music side, people know they can get audio, but we need the outreach to let universities know they can upload their lectures, to let politicians upload their speeches and news outlets to share broadcasts,” Ljung told The New York Times.

SoundCloud recently announced that you can now record and share on-the-fly on your tumblr blog any audio captured on your smartphone using the SoundCloud app for iOS or Android, which could guarantee the service mainstream status.


MusikMatterz on SoundCloud

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