Friday, November 22, 2013

Spotify Raises $250 Million, Valued Above $4 Billion - John D. Stoll, Evelyn Rusli and Sven Grundberg - Media - AllThingsD

In related Bubble 2.0 news, see Pandora Media Posts Q3 Loss (AllThingsD)
"Swedish music-streaming company Spotify AB has secured nearly $250 million in new financing led by Silicon Valley firm Technology Crossover Ventures, valuing the company somewhere “north” of $4 billion dollars, according to multiple people familiar with the deal."
Spotify Raises $250 Million, Valued Above $4 Billion - John D. Stoll, Evelyn Rusli and Sven Grundberg - Media - AllThingsD

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