Spotify Raises Another $250 Million In Financing
November 22, 2013 at 5:36 AM (PT)
SPOTIFY has reportedly raised a new $250 million in financing. BLOOMBERG reports it was "led by TECHNOLOGY CROSSOVER VENTURES to back its expansion into new territories, including JAPAN."
The report also noted the financing comes as SPOTIFY is renewing agreements with record companies, and "brings SPOTIFY’s valuation to more than $4 billion."