SoundCloud has raised growth capital in a round led by Silicon Valley’s Kleiner Perkins Caufield & Byers (KPCB) and GGV Capital, a US/China growth fund. The amount raised was not disclosed, but the company said it is large enough to fund scaling of the three-year old company’s social audio platform. Mary Meeker of KPCB will join SoundCloud’s board as an observer. She is also actively involved in other KPCB portfolio companies including Groupon, Waze, 360buy.com, and Spotify, another one Europe’s up and coming social music platforms.Read more