Spotify

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General Info
  • Corporate name: Spotify
  • Founded: /2006
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Short Description:

Spotify has created a lightweight software application that allows instant listening to specific tracks or albums with virtually no buffering delay. It was launched in the fall of 2008 and had approximately 10 million users by September 2010.

Long Description:

Spotify has created a lightweight software application that allows instant listening to specific tracks or albums with virtually no buffering delay. It was launched in the fall of 2008 and had approximately 10 million users by September 2010.

Spotify offers streaming music from major and independent record labels including Sony, EMI, Warner Music Group, and Universal. Users download Spotify and then log onto their service enabling the on-demand streaming of music. Music can be browsed by artist, album, record label, genre or playlist as well as by direct searches.

 
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  • State: New York
  • Country: United States
  • City: New York
Industry
 
Fundings
Funding Total: $3,000,000,000
Round Date Amount Pre Amount Post Amount
Series E 11/14/2012 $3,000,000,000
Investors: Accel Partners, Goldman Sachs, Kleiner Perkins Caufield & Byers Funding: Spotify Has Raised A Series E Funding Valued At $3 Billion
 
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