SoundCloud secures new investment – and gets a new CEO
Posted on: 11 août 2017, by : Stuart Dredge

SoundCloud has secured new investment from merchant bank The Raine Group and investment firm Temasek, with former Vimeo boss Kerry Trainor taking over as CEO as part of the deal.
SoundCloud’s existing CEO, co-founder Alexander Ljung, will be staying at the company as chairman of the board. Trainor is bringing his former Vimeo colleague Michael Weissman with him to take a role as SoundCloud’s chief operating officer, while Ljung’s co-founder Eric Wahlforss is staying on as chief product officer.
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Source: Music ally

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