Professional music sharing service Soundcloud raises €2.5 Million Euros

Swedish/German startup SoundCloud is a service dedicated to helping music professionals share music online.

We covered the company whilst in private beta in June of last year, the site has since generated a fair bit of buzz and with almost 100,000 registered users it looks like they’ve got something going for them. Today comes news of a €2.3 million round of investment courtesy of Doughty Hanson Technology Ventures and according to TechCrunch, the deal also involves Stefan Tirtey of Doughty Hanson joining the company’s board of directors.

At it’s core, the site is a social network of Music professionals, from musicians to producers right through to label executives. The backbone of the service however is it’s music sharing capabilities, providing a slick and simple way to share audio amongst members and keep track of who has listened to what.

Amongst many useful features, users with access rights can leave comments attached to specific parts of a song. Songs and playlists can also be made public and embedded in websites as you can see below.

Here’s a brief tour of the service: