Home Social – TechCrunch Technology Soundcloud confirms new $70M credit line after failing to close $100M round

Soundcloud confirms new $70M credit line after failing to close $100M round

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 Soundcloud — the popular, but unprofitable platform that lets creators post and share music and other audio files — may have been unsuccessful (so far) in closing a new $100 million round of funding, but it’s not running out of money soon. The company has closed a $70 million round of debt funding from three new investors — Ares Capital, Kreos Capital, and Davidson… Read More

Contributer : Social – TechCrunch
Soundcloud confirms new $70M credit line after failing to close $100M round Soundcloud confirms new $70M credit line after failing to close $100M round Reviewed by mimisabreena on Friday, March 24, 2017 Rating: 5

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