• Confirmed: Index And Union Square Invest In SoundCloud

    Saturday, January 8th, 2011

    Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

    As we hinted predicted four days ago, SoundCloud was indeed talking to Index Ventures and Union Square Ventures about investing. It’s confirmed today on their blog that both firms have made undisclosed investments.

    SoundCloud was looking to raise another round since its last was in April 2009, from Doughty Hanson Ventures for EUR 2.5 million. Since then it has scaled in adoption and taken on bigger offices and more staff.

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