Mixcloud operates a streaming platform that hosts long-form audio content, including archived radio shows and DJ mixes, and counts more than 1 million curators uploading content. The company was founded in 2008 and has grown to a 22-person team split between London and New York. Mixcloud historically bootstrapped its business, supported early on by a couple of U.K. government grants, growing users alongside advertising revenue while pioneering licensing and fingerprinting technology to pay rights-holders. Recent product and licensing moves (including a deal with Warner) and plans for paid consumer offerings signal a shift away from reliance on display ads and brand sponsorships. The company plans to use new capital to scale globally, double down on the U.S., expand product development, and grow its team in London and New York.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2018