SoundCloud completed the acquisition of Musiio.

SoundCloud, a developer of a music streaming platform, completed the acquisition of Musiio, a developer of AI-based platform. Financial terms were not disclosed. “SoundCloud hosts more music from more creators than any platform on the planet. Acquiring Musiio accelerates our strategy to better understand how that music is moving in a proprietary way, which is critical to our success. We are honored to partner with Hazel and Aron and welcome the absolutely brilliant team of innovators at Musiio to the SoundCloud family," Eliah Seton, SoundCloud President.