Spotify reportedly near financing round for a $3B valuation

Spotify is close to closing a $100 million financing round that would value the company at a little more than $3 billion, sources tell The Wall Street Journal.
The capital would come from multiple investors, including Goldman Sachs, although the Journal did not identify who the other investors were.
CNET has contacted Spotify for comment and will update this report when we learn more.
In a funding round last year, the music-streaming service raised about $100 million from venture capital firm Kleiner Perkins Caufield & Byers and Russian investment firm DST Global, to give it a $1 billion…

Read the original: Spotify reportedly near financing round for a $3B valuation

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Vinod Rawat

I’m a very patient listener with positive attitude towards work and life. I’m kind of innovative and creative, I keep learning things and try to implement them to the best use possible. Sometimes I love to write a little and share with the world, sometimes I stay busy at work or family.
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I have over 12 years of working experience in Sales & Marketing, Graphic and Web Design. Explored many areas of business. Sometimes I do love to travel.

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