Spotify Raises $100 Million to Top $1 Billion Valuation

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Spotify Raises $100 Million to Top $1 Billion Valuation

According to sources speaking in confidence to The New York Times, Spotify has netted a not-too-shabby $100 million in new financing, spiking its valuation above $1 billion. Venture firm Kleiner Perkins Caufield & Byers is believed to be planning a $50 million investment in Spotify in return for a 5% stake in the hugely successful [...]

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