Current Ownership
SoundCloud is a German music streaming platform. Its largest shareholder is the investment firm Temasek Holdings. The company is operated by SoundCloud Ltd., based in Berlin, Germany.
History of Ownership
SoundCloud was founded in 2007 by Alexander Ljung and Eric Wahlforss. In 2017, the company faced financial difficulties and secured a rescue investment round. This round involved Temasek and other existing investors, which led to a significant shift in its corporate structure.
Key Facts
The platform allows users to upload and share audio tracks. It operates as a freemium service with both free and paid subscription tiers. SoundCloud has offices in multiple cities, including Berlin, London, and New York.
For more details on the platform's features, visit the official SoundCloud website.
