Spotify Hits a High Note: Valuation Tops $4 Billion
December 11, 2013
Spotify has secured about $250 million in new financing that values the music-streaming company at over $4 billion. The round of funding, led by Silicon Valley firm Technology Crossover Ventures, will help fuel Spotify’s global expansion plans. While already established in many Western markets, including the U.S., Spotify is aiming to launch its service in more countries.
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