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Thursday, May 7, 2015

Spotify Raises More Investor Funds


According to a CNBC report, music streaming service Spotify has been able to raise around $350 million in new funds. The report states that Goldman Sachs is one of the bigger investors and that more new investors may yet take part in the fundraising. Spotify's valuation is $8 billion, twice that of its closest rival Pandora.

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