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# SoundCloud Raises Additional $35 Million
- URL: https://www.hypebot.com/soundcloud-raises-additional-35-million/
- Published: 2016-01-11T09:38:41.000Z
- Updated: 2016-01-11T09:38:41.000Z
- Description: This is a make or break year for SoundCloud. But the stars are aligning for the music tech startup, with more major licensing deals in place and new word that. Continue reading [https://www.hypebot.com/hypebot/2016/01/soundcloud-raises-additional-35-million.html]
- Author: Bruce Houghton
- Tags: DIY Advice & Tips, Music Tech, #wp, #wp-post, #Import 2026-01-21 10:22

[![SoundCloud_logo (1)](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb08aa6a07970d-150wi "SoundCloud_logo (1)")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb08aa6a07970d-popup?ref=hypebot.com)This is a **make or break year** for **SoundCloud**. But the stars are aligning for the music tech startup, with more **major licensing deals** in place and new word that it's raised an additional **$35 million** in debt financing.

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SoundCloud has raised an additional 300 million Swedish Krona ($35 million USD) in debt financing from Tennenbaum Capital Partners, according to Swedish online news site [Digital](http://digital.di.se/artikel/musiktjansten-soundcloud-tar-jattelan?ref=hypebot.com). Soundcloud confirmed the deal with a statement to [Tech.EU](http://tech.eu/brief/soundcloud-debt-funding/?ref=hypebot.com):

[![SoundCloud_logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d18fa6a1970c-150wi "SoundCloud_logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d18fa6a1970c-popup?ref=hypebot.com)"We can confirm that we secured a flexible credit line with Tennenbaum Capital Partners (TCP) early in 2015\. It’s an attractive option for companies like SoundCloud that have a solid credit rating, and offers an appropriate funding option for a company at our growth stage."

SoundCloud had previously [raised $123.32 million](https://www.crunchbase.com/organization/soundcloud?ref=hypebot.com#/entity) USD in 5 rounds from 9 investors.

*H/T: [Techcrunch](http://techcrunch.com/2016/01/11/report-soundcloud-secures-35m-in-debt-funding/?ncid=rss&ref=hypebot.com)*