Wednesday, November 14, 2012

Report: Spotify Has Closed A Massive Fifth Round Of Funding That Values It At $3 Billion

spotify_logo-copy1-16Following our scoop that Spotify made $200 million in revenue in the first six months of 2012, AllThingsD is reporting the streaming music service has closed a big funding round at a $3 billion valuation. This would be Spotify's fifth big round, and could add more than $100 million to the $188 million its raised so far.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/f1YvIpMIJZE/

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