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Kleiner Perkins Invests in SoundCloud, Boersen-Zeitung Reports

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Jan. 4 (Bloomberg) -- Financial investors Kleiner Perkins Caufield & Byers and GGV Capital have invested $50 million in the Berlin-based online audio platform SoundCloud Ltd., valuing the company at about $200 million, Boersen-Zeitung reported, without saying where it obtained the information.

To contact the reporter on this story: Ragnhild Kjetland in Frankfurt at rkjetland@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net