Nikhil Shah, Nico Perez and Mat Clayton: Mixcloud

Nikhil Shah, Nico Perez, Sam Cooke and Mat Clayton, 30, 28, 29 and 30
Company: Mixcloud
Web: www.mixcloud.com

Based in Old Street at the heart of London’s Silicon Roundabout, Mixcloud has been described as a ‘YouTube for radio’ – users can upload, host, promote and distribute radio content such as DJ mixes and podcasts using the platform, with listeners receiving personalised recommendations on what to listen to. Since launch in 2008 Mixcloud has grown without external funding, bar a grant from the Technology Strategy Board, into one of the leading music distribution platforms on the Web. Showing particularly strong growth in the last year and partnerships with Internet Explorer, Red Bull and BlackBerry, the site recently reached 10 million active users, representing a 50% increase over 12 months. With a turnover doubling to in excess of £2m in its latest accounts, Mixcloud recently relaunched its iOS and Android apps, achieving more than a million downloads to date on the former. And with no sign of abating, the 20-person company expects to grow by another 50-60% over the next year.