Published On: May 6, 2009

Audiophile Download Firm In Germany Raises $3.3m

Published On: May 6, 2009

Audiophile Download Firm In Germany Raises $3.3m

Germany's web-based music download service Soundcloud has acquired another 3.3 million dollars in U.S. funds to further finance its download capabilities geared toward music professionals and producers, according to an article in TheStandard.com.

Soundcloud, according to TheStandard.com, has raised an additional $3,300,000 (USD) in funding to expand its audiophile download service. Soundcloud is a web based service that is targeted to music professionals, record producers and music enthusiasts specifically for those who don't use easily emailable MP3 files - Soundcloud markets to those who listen to uncompressed Compact Disc quality music files.

In a little over a year, Soundcloud has over 100,000 users who love the company's lack of file size requirements.

Larger file downloads allow for higher resolutions, surround sound and other audiophile applications going forward.

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