Mixcloud, a UK based digital audio streaming platform that offers a diverse collection of serialized, long-form, and exclusive audio content has closed their $11.5 million funding round from WndrCo, a holding company that focuses on businesses operating at the intersection of media and technology.
As a result, this funding round gives Mixcloud the opportunity to diversify their platform and expand -- two WndrCo partners will join Mixcloud’s board: Ann Daly, former president of DreamWorks Animation, and Anthony Saleh, an investor and artist manager of hip-hop stars Nas and Future.
"WndrCo is the ideal partner for Mixcloud. They are highly accomplished, and they are true operators with experience at some of the world's leading media, entertainment and tech companies," said Nikhil Shah, one of the four Mixcloud founders. "We are excited that they share our long-term vision of what we are building, and to have them as a strategic partner for our next phase."
Added Saleh, "We at WndrCo couldn’t be more excited about coming together with the Mixcloud team and building on-top of the great foundation they already have in place. We believe that the market opportunity, quality of the product, and the fantastic team make for a very special future for Mixcloud."