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Ares Capital, Kreos Capital and Davidson Technology Co-Lead $70M Round In Soundcloud

by techcrunch.com posted 1year ago 312 views
Soundcloud, the popular but unprofitable platform that lets creators post and share music and other audio files — may have been unsuccessful in closing a new $100 million round of funding, but it’s not running out of money soon. The company has secured a $70 million round of debt funding from three new investors — Ares Capital, Kreos Capital, and Davidson Technology.

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