TECH CRUNCH -- June 3 -- Back in February, Sonico had raised to an Alex rank of 167 after just 6 months in operation. And with over 8m users, it was also a top 50 site in several Latin American countries including Colombia, El Salvador, Bolivia, and Mexico. Fast forward about four months and Sonico has signed up almost 17m users. The Argentine startup has decided to raise its first round of institutional funding - $4.3m from DN Capital and private investors that include OLX's Fabrice Grinda and Alec Oxenford, and FON's Martin Varsavsky.

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