The SoundCloud success story shows no signs of slowing down as it celebrates hitting five million users. The online audio distribution platform, which is based in Berlin, blogged about reaching the milestone after a piece appeared on the “New York Times”.
Originally formed in Sweden, SoundCloud – which allows users to share music privately or publicly –took over from MySpace as the musicians’ choice in the couple of years following its launch in 2007. It is now used by musicians from the rankest amateurs up to the biggest stars to get much-needed feedback. Household names like Ashton Kutcher, Björk and the Foo Fighters have all used the service
It’s the latest piece of good news for CEO and co-founder Alex Ljung and his team. In January, it was revealed the company had raised $10 million in a funding round led by Index Ventures and Union Square Ventures.