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Spotify Music Service Raising New Funding Valuing It at $1 Billion

   
11:29 am on Feb 22, 2011 (gmt 0)

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Spotify Music Service Raising New Funding Valuing It at $1 Billion [dealbook.nytimes.com]
Spotify, the online music service, has raised new financing from investors including Kleiner Perkins Caufield & Byers at a valuation of more than $1 billion, a person briefed on the matter told DealBook on Monday.

6:52 pm on Feb 23, 2011 (gmt 0)

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Woot! Go, Shak, Go!
6:59 pm on Feb 23, 2011 (gmt 0)



I know little about this but that's a major chunk of cash.
 

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