BERLIN (Hypebot) – SoundCloud announced today that it has reached five million registered users and is adding 20,000 more daily.
A-Grade, the investment fund of Gary Oseary and Ashton Kutcher have also made an undisclosed investment in the company. Kutcher recently begain using the sound platform posting a rehearsal from the hit series Two and a Half men.
In the past year, SoundCloud has increased by more than four million users and launched features including the record button and SoundCloud Labs. Its API was recently linked to by Tumblr, enabling users to integrate their SoundCloud tracks to their blogs.
SoundCloud also welcomed veteran VC’s Fred Wilson from Union Square Ventures and Mike Volpi from Index Ventures to the their team earlier this year.