Online audio distribution platform
Founded in Sweden in 2007, headquartered in Germany since 2008, incorporated in Cardiff. World's largest audio and music platform. It enables customers to create, record, promote and share their originally created sounds. It had 175 million monthly users in 2016. It set up operations in Australia at the end of 2016. In 2017 global merchant bank The Raine Group and Singapore-headquartered investment company Temasek invested US$170 million, giving them over 50% ownership.
Greenpeace's 2017 report 'Clicking Clean' looks at the energy footprints of large data centre operators and popular websites and applications, and calls on these companies to power their data centres on renewable energy. Companies are graded (A,B,C,D,F) on their commitment to and procurement of renewable energy, as well as energy efficiency, transparency and advocacy. This company's final grade was F.
[Source 2017][More on Climate Change]
|Company Structure||Private company|
|Revenue||US$28 million in 2016|
|# Employees||295 in 2015|
Products / BrandsSoundCloud
Soundcloud Music Streaming