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Today in Germany: SoundCloud, Movinga Written by HEUREKA editorial on 4. January 2016


SoundCloud reorganizes its company structure

Eight years after having started its business, SoundCloud decided to lay off staff to restructure the company and embed a paid premium service. As a spokesperson explained to Gründerszene, SoundCloud lays off 15 – 20 staff members. However, new people will be hired. Unclear is, how many.
[Gründerszene] (German)

Moving startup Movinga raises €25 million

Berlin-based Movinga raises a €25 million strong Series B – just one year after it was founded. The investment comes from Index Ventures as well as exiting investors. In Q3 last year, Movinga announced two seven-figure funding rounds in which e.g. Earlybird Venture Capital, Heilemann Ventures, Global Founders Capital (Rocket Internet) and business angels such as Florian Heinemann (Project A Ventures) and Christian Vollmann (MyVideo) participated.
[pehub] (press release), [Gründerszene] (German)
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