Mixcloud is a popular British online music streaming service that allows for the listening and distribution of radio shows, DJ mixes and podcasts, which are crowdsourced by its registered users. In April 2018, Mixcloud announced that it raised $11.5 million from WndrCo LLC, a holding company based in Los Angeles and San Francisco that invests in media and technology businesses for the long term. The financing will fund Mixcloud's expansion globally. Mixcloud was founded as a startup company through the lean startup process in 2008 by Nikhil Shah and Nico Perez, who met at the University of Cambridge. Developers Mat Clayton and Sam Cooke were added to the team in its early stages. As of 2012, Mixcloud was reported to have over 3 million active users and over 500,000 registered Facebook application users. In October 2017, Mixcloud signed direct licensing agreement with Warner Music. More information...
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