Live audio app Clubhouse closes new round of financing


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Clubhouse has closed a new funding round as the wildly popular live audio app struggles to scale up in response to demand, the company said Sunday.

Launched last year, the San Francisco-based platform is looking to establish itself as the standard-bearer for digital audio and has already inspired copycat products from Facebook and Twitter.

The social media sensation had “grown faster than expected” after an earlier capital raising in January and servers had struggled with the amount of users, the company said on its blog.



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